“I Need To Stop!” Hoovie’s Garage Breaks Silence on Getting Scammed, Losing Money, & Starting Over

7 Feb 2026 · 2 h 22 min · 66 chapters

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In short

Podcast Summary: The Iced Coffee Hour - Episode with Hoovie's Garage

Episode Overview In this episode of "The Iced Coffee Hour," hosts Graham Stephan and Jack Selby welcome the YouTuber Hoovie (Tyler Hoover) from Hoovie's Garage. The discussion revolves around Hoovie's personal experiences with cars, financial challenges, and the lessons learned from getting scammed and losing money in the automotive world.

Key Themes and Discussions

Financial Struggles and Lessons

  • Selling Cars to Pay Taxes
  • Hoovie reveals that he often had to sell cars to pay taxes, sometimes selling up to 20 cars in a year.
  • He discusses a misstep involving a Bugatti Veyron that led to significant financial distress.
  • Financial Mismanagement
  • Hoovie reflects on how he overextended himself financially, buying high-end cars to keep up with the trends on YouTube.
  • He mentions the stress of being financially strained while owning expensive vehicles.

The Car Buying Experience

  • Buying Cars He Can’t Afford
  • He shares stories of his impulsive purchases, noting that the thrill of buying cars often outweighed the financial reality.
  • Buying and Selling Cycles
  • Discussion on the cycles of buying and selling cars, with a focus on how certain cars become financial liabilities.
  • Mistakes and Regrets
  • Hoovie expresses regret over certain sales, particularly cars he loved but had to let go for financial reasons.

Key Car Insights

  • Depreciation and Investment Cars
  • Discussion on which cars appreciate vs. depreciate, including non-depreciating cars by budget.
  • Hoovie shares insights on which car brands are reliable and which are not, revealing his thoughts on brands like Tesla, Cadillac, and Aston Martin.
  • Car Maintenance Costs
  • He highlights the notorious maintenance costs of certain exotic cars, specifically mentioning how the Bugatti Veyron can lead to financial ruin.

Personal Insights and Lifestyle Changes

  • Mental Health and Stress
  • Hoovie opens up about the mental toll of financial stress and how it has influenced his personal life.
  • Following a series of stressful events (including the loss of a pet), he emphasizes the importance of mental health and simplifying life.
  • Lifestyle Sacrifices
  • He discusses lifestyle sacrifices made to invest in cars and the realization that more income does not necessarily equate to a better life.
  • Future Outlook
  • Hoovie expresses a desire to refocus on what matters most in life, such as family and personal happiness, rather than just chasing views and trends.

Key Takeaways

  • The Allure of Luxury Cars Can Be Deceiving

Owning high-end cars may seem glamorous but can lead to financial strain.

  • Value of Experience Over Material Goods

Hoovie emphasizes the importance of experiences and relationships over merely acquiring expensive items.

  • Adaptation to Change

Acknowledging the shifting landscape of the automotive market and adapting to new trends is crucial for success.

Conclusion Hoovie’s experiences serve as a cautionary tale about the intersection of passion, finance, and personal well-being. The episode concludes with a sense of hope as he reflects on lessons learned and the direction he wants to take moving forward. The discussion not only entertains but also provides valuable insights into the automotive world and personal finance management.

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Sponsors Mentioned

  • Bizee: Simplifying the process of starting an LLC.
  • Fora Travel: A modern travel agency platform.
  • Cozy Earth: Luxury bedding and loungewear.
  • Shopify: An all-in-one e-commerce platform for business.

Follow Hoovie

  • Hoovie's Garage: [Instagram](https://www.instagram.com/hooviesgarage)

Additional Links

  • [The Index Membership](https://entertheindex.com/)
  • [Official Clips Channel](https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w)

Note Some links may contain affiliate commissions for Graham Stephan, and the content discussed is accurate as of the posting date.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Financial Distress and the Bugatti

0:30 to 1:40

Discussion about buying a Bugatti and financial struggles.

“There was a point where I'm driving a Bugatti Veyron and I have less than a thousand dollars in my bank account.”

Cars and Taxes: The Cost of Fame

1:40 to 4:20

Exploration of how many cars must be sold to pay taxes.

“This is the pibble moment, the turning point of just like, I can't operate like this anymore.”

The Costly Bugatti Lease

4:20 to 6:40

Details about the lease structure and its financial implications.

“I believe for long-term capital gains, I believe cars count as collectibles, right?”

The Home Renovation Disaster

6:40 to 9:50

Hoovie recounts a disastrous home renovation experience.

“In my head, it felt like that's what I paid for it.”

Budget Overruns and Contractor Issues

9:50 to 12:00

Discussion of budget overruns and contractor failures during renovations.

“basically doubling the square footage and it just, it snowballed into house property for$800 ,000 and then wrote checks for a million dollars in the home renovations and the building.”

Reflecting on the Renovation Experience

12:00 to 13:50

Hoovie reflects on the lessons learned from the renovation experience.

“I thought that was the job of my contractor to do and like let me know.”

Content Creation Challenges

13:50 to 14:01

Discussion on the evolving challenges of content creation on YouTube.

“And I hit the buy button on it and I was like, is this thing actually going to show up?”

Understanding Financial Struggles

14:01 to 14:54

Gain insight into the financial challenges and decisions faced by car enthusiasts.

“Otherwise, I just look at all this like, oh my God, this about just ruined me.”

The Nature of Compelling Content

14:54 to 15:50

Learn how challenges and failures in car purchases can create engaging content.

“And I'm sort of a twice a week, a weekly video type of thing.”

Stories of Loss in Car Trading

15:50 to 16:34

Hear a detailed account of a significant financial loss in car trading.

“But how much of that is purely watching you in misery when something happens and the audience is just like enamored by that?”
Show all 66 chapters

The Auction Experience

16:34 to 18:07

Discover the unpredictable nature of car auctions and the psychology behind bidding wars.

“So Doug told a story about he really wanted this custom Cadillac Eldorado that GM built.”

Understanding Car Investments

20:28 to 21:55

Explore the concept of cars as investments and the financial implications behind them.

“I mean, that's the one that sticks in my head a lot recently.”

Addiction to Car Collecting

21:55 to 23:03

Delve into the host's personal struggles with car buying as an addiction.

“So it makes sense if I get three to five videos out of it, then obviously it makes sense as a business.”

The Journey to Live Television

23:03 to 26:41

Join the host as he recounts his transition to live television and the challenges faced.

“But how serious is this as an addiction that you can't help but keep buying cars?”

Lessons from Live Broadcasting

26:41 to 28:00

Learn about the lessons and experiences gained from live broadcasting mistakes.

“You know, you could, you kind of joke about a little bit where you sometimes mess up and say, Hey, Graham, it's guys here.”

Overcoming Video Production Challenges

28:00 to 29:00

Learn how the guest improved his YouTube skills and overcame initial challenges with video production.

“And then the tech guys come out and they take my microphone.”

The Thrill of Car Ownership

29:00 to 30:40

Discover the guest's passion for car ownership and the excitement of buying vehicles.

“So do you identify more as a car owner or as someone who likes to fix problems.”

Modern Cars: A Quick Decline

30:40 to 32:20

Explore how modern cars are built less durably and the rapid depreciation they face.

“How much is the satisfaction of fixing something up though?”

The Right to Repair Debate

32:20 to 34:00

Understand the challenges related to repairing high-end cars and the right to repair movement.

“So for example, like my Bentley Connell GT, it's an Audi Volkswagen$50 airbag module.”

The Impact of Reliability on Car Value

34:00 to 36:20

Learn how car reliability and complexity affect their value over time.

“So that was the other part of the Bugatti where it's like, I can't really fix it.”

The Journey of a Car Enthusiast

38:36 to 40:30

Hear about the guest's extensive experience buying and selling cars.

“How many cars have you bought and sold in your life?”

Navigating Car Investments and Depreciation

40:30 to 42:05

Explore the complexities of car investments and the impact of market trends.

“So that's where I've always operated at, I guess.”

Understanding Car Depreciation and Appreciation

42:05 to 44:15

Learn about the depreciation and appreciation trends in luxury cars.

“So the timing was excellent for the rapid, incredible depreciation on the Countach.”

Tips for Buying Cars with Stable Value

44:15 to 47:01

Discover strategies for purchasing cars that won't lose significant value.

“I mean, anybody can buy a 20-year-old Toyota Camry and not lose money and just keep it going.”

The Shift Towards Manual and Analog Cars

47:01 to 49:58

Explore the growing appreciation for older, less tech-heavy cars.

“I don't play, I don't play that game that much as far as what, what wouldn't depreciate.”

Reflecting on Car Sales and Financial Losses

49:58 to 52:06

Hear personal stories about regretting car sales and experiencing financial losses.

“How many cars have you regretted selling?”

Deception in Car Selling Practices

55:00 to 56:00

Understand how sellers may misrepresent the condition of cars and common pitfalls.

“Because it takes 15 or 20 minutes of driving for it to warm up.”

Understanding Car Auctions and The Risks Involved

56:00 to 1:02:57

Learn about the potential pitfalls of buying cars at auction and the importance of due diligence.

“And then there's, there's a multiple degrees of separation where the person who traded in knows what's wrong, but then the selling dealer doesn't know.”

Sponsorship and Comfort: Cozy Earth

1:02:58 to 1:04:46

Discover the benefits of cozy products that enhance everyday comfort.

“Obviously, if you want to start doing it, go ahead.”

Financial Struggles and Car Ownership

1:06:26 to 1:10:02

Hear a personal story of financial challenges while owning luxury cars and the lessons learned.

“less money, buy a few less cars in order to save and invest more money?”

The Devastating Loss of a Pet

1:10:02 to 1:11:58

The speaker recounts the heartbreaking moment they lost their dog due to a series of unfortunate events.

“And it's just total brain fart, brain fog, just so stupid, so stupid.”

A Pivotal Moment for Change

1:11:58 to 1:14:20

The speaker reflects on the need for a reset in life after facing overwhelming pressures.

“So then I'm like, okay, I need to reset.”

Sharing a Funny Story About Doug DeMuro

1:14:20 to 1:18:14

A humorous encounter is shared about meeting Doug DeMuro and his unique sense of humor.

“And it's like, okay, I got to find out some revenge Doug DeMuro stories, you know, since he's decided to just really tell a Whovie story.”

Finding Balance and Quality of Life

1:18:14 to 1:19:44

The discussion focuses on the changes made to improve the speaker's quality of life and mental health.

“was like to own them and drive them and all that stuff.”

The Pressure of Staying Relevant

1:19:44 to 1:23:34

The speaker talks about the challenges of maintaining relevance in the fast-paced world of content creation.

“And now it's, it's back to building up a war chest, doing some responsible things.”

The Decision to Simplify Content Creation

1:23:34 to 1:24:00

The speaker discusses the commitment to focus on fulfilling content rather than chasing opportunities.

“Why do I need to chase Tavaraj into his level of insanity?”

The Pressure of Content Creation

1:24:00 to 1:25:35

Explore the challenges of maintaining relevance in YouTube content.

“So the ones that I really like, they've been with me for a long time.”

Balancing Creativity and Opportunities

1:25:35 to 1:27:11

Learn about the struggle between creative freedom and sponsor obligations.

“Before like, okay, we know everything that's wrong.”

Financial Comfort and Smart Decisions

1:28:12 to 1:30:09

Discuss the importance of financial planning and avoiding poor decisions.

“And I just felt like I needed to keep up.”

Navigating the Luxury Car Market

1:30:09 to 1:32:46

Insights into the buying and selling dynamics of luxury cars.

The Value of Classic Cars

1:32:46 to 1:35:06

Explore what makes classic cars valuable and their investment potential.

“My gosh, it is a one, it seems to me like a one-to-one of the thing.”

Investment Strategies in the Car Market

1:35:06 to 1:38:00

Analyze investment opportunities and trends in the automotive market.

The Story Behind Car Purchases

1:38:00 to 1:40:50

Learn how car choices are influenced by personal stories and financial considerations.

“There's definitely some parts, but it's not like the, I need to research a lot more.”

Unpacking Car Reliability and Brands

1:40:50 to 1:43:15

Explore the reliability of various car brands and models, including surprising trends.

“So what car brands are consistently unreliable?”

The Shift in Automotive Technology

1:43:15 to 1:44:14

Understand the impact of new engineering trends on traditional car brands, focusing on Toyota.

“Putting it in these big trucks and then the new changing, totally changing everything.”

Cadillac's Unexpected Comeback

1:44:14 to 1:45:28

Discover Cadillac's surprising growth and how it's catering to enthusiasts today.

“And obviously, smaller packaging, it makes sense to have a smaller engine and cheaper to build, I imagine, in that sense.”

The Future of Struggling Brands

1:45:28 to 1:49:07

Examine the potential challenges and future of brands like Aston Martin and Maserati.

“And then they're still making legitimate performance sedans too that you can still get with manual transmission and all that stuff.”

The Case for Mitsubishi's Existence

1:49:07 to 1:50:02

Discuss why Mitsubishi's lineup may not resonate with the U.S. market anymore.

“It's kind of like Suzuki pulled out of the U.S.”

Zero Maintenance Cars: The Tesla Advantage

1:50:02 to 1:50:32

Learn why Teslas may be considered for those seeking low maintenance vehicles.

“If you want to get a car with zero ongoing maintenance, what car should you get?”

Car Stereotypes in the Real World

1:50:32 to 1:51:45

Explore true stereotypes associated with certain car types and their drivers.

“Now, one thing I'm curious about, what are you seeing at auctions right now?”

Auction Insights: Trends in Car Prices

1:51:45 to 1:52:01

Discover how auction dynamics are affecting car prices in today's market.

“They have almost 2 ,000 cars selling, no reserve.”

The Rise of Custom Cars

1:52:01 to 1:53:38

Learn about the increasing value of custom cars over traditional classics.

“There's sometimes a few exceptions when something's worth millions of dollars, they'll put a reserve on it.”

Due Diligence in Car Auctions

1:53:39 to 1:54:48

Explore how car auctions prevent the sale of stolen vehicles through expert verification.

“It's just unbelievable what people are paying for to have that old school retro look and experience, but it doesn't drive like one.”

The Risk of Buying Stolen Cars

1:54:49 to 1:55:48

Understand the risks involved when purchasing older cars that may have hidden issues.

“as far as really getting into and inspecting.”

Navigating Turo Rentals and Safety

1:55:49 to 1:57:41

Learn about the potential pitfalls of renting cars from platforms like Turo.

“And now it's Oklahoma, I think, that was still, you were able to do it for a while, but I think they finally closed that stuff up.”

The Issue of Car Theft in Shipping

1:57:42 to 1:58:49

Discover how car theft is evolving, particularly during transport.

“And he was, every single one of them was wrapped and just color changed with a wrap or something like that to where obviously like, that's my car on Turo.”

Scams in the Used Car Market

1:58:50 to 2:00:46

Examine how sellers exploit the used car market, including insurance fraud schemes.

“And they wanted like 20 grand for the car.”

Hurricane Season and Insurance Fraud

2:00:47 to 2:02:38

Learn about how some people take advantage of natural disasters for insurance payouts.

“they can get flooded and collect an insurance and get done.”

The Market for High-End Cars

2:02:39 to 2:04:40

Explore the depreciation trends of luxury cars and their impact on buyers.

“Well, I guess, yeah, every single new modern Ferrari and all that stuff.”

Rapid Fire Car Questions

2:04:41 to 2:05:59

Engage in a fast-paced round of questions about cars and preferences.

“So the first answer that comes to mind, let us know.”

Reflections on Success and Audience Connection

2:06:00 to 2:06:58

The speaker shares insights on personal achievements, audience reactions, and the pressure of maintaining relevance.

“I think what I've achieved, I'm proud of it.”

The Challenges of Real Work vs. YouTube

2:06:58 to 2:07:46

Discussion on the difficulties of various jobs prior to YouTube and the contrast with content creation.

“I would, I would love to, that would be, I'd be okay.”

Understanding Audience Struggles

2:09:02 to 2:10:22

The speaker empathizes with the audience's financial struggles and reflects on personal life values.

“This guy's upset about his Bugatti and his car payments and all this stuff because he's overextended himself.”

Analyzing Car YouTubers - A Tier List

2:10:22 to 2:14:25

A deep dive into various car YouTubers and their content, evaluating their impact and style.

“drama here i want some harsh takes i want to see a couple people in that f tier yes so yeah Nobody is bold enough to go like, this person sucks.”

Mount Rushmore of Car YouTubers

2:14:25 to 2:19:31

Discussion on the influential figures in the car YouTube community and their contributions.

“If he had someone help him manage the business and then someone help him where like to be consistent with the wrenching and all that stuff, he'd be up there.”

Wrapping Up the Episode

2:20:01 to 2:20:28

Hosts express gratitude and wrap up the podcast episode.

“So you get me responding to you right now.”
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Transcript

Automatic transcript. May contain errors.

0:00Nashir S. Younis:So good, so good, so good. New markdowns up to 70 % off are at Nordstrom Rack stores now. And that means so many new reasons to rack. Because I always find something amazing.

0:12Hoovie:Just so many good brands.

0:14Nashir S. Younis:Because there's always something new. Join the Nordiclub to unlock exclusive discounts, shop new arrivals first, and more. Plus, buy online and pick up at your favorite rack store for free. Great brands, great prices. That's why you rack. There was a point where I'm driving a Bugatti Veyron and I have less than a thousand dollars in my bank account. Literally. Welcome to Whovie's Garage, the dumbest automotive channel in all of YouTube.

0:41Hoovie:So do you think then your viewers like seeing you in financial distress?

0:45Nashir S. Younis:Yes. To buy this thing, I did have to sell a couple of my cars. I think people love to think, wow, I am not as dumb as this guy. Like, like, okay, at least I'm not that stupid. Turn it off, but it's running. That's all the fuel. How many cars have you sold to pay your taxes? I don't know. It's usually like six to 20 to sell the pay tax to me, how bad it is. Is literally every single penny just going into cars? I'm not that bright. What can I do next to make myself, you know, flail my arms? Look at me, I'm buying a Bugatti, you know, because that's what everybody was doing. And I thought I needed to chase that to continue to get the views, to continue to get the growth.

1:22Nashir S. Younis:And the Bugatti was just, it was just dumb. I got myself a Bugatti Veyron and then got myself in tax trouble. It's been 10 years, man. What do I have left to prove? What do I need to accomplish? Why do I need to chase Tavaraj into his level of insanity? Still going to be a lot of water in it. Yep. This is the pibble moment, the turning point of just like, I can't operate like this anymore.

1:51Hoovie:Hoovy's Garage, the dumbest automotive channel on YouTube. Thank you so much for coming on the podcast. Thank you. I am so surprised to be back. Well, we've been told you sell supercars to pay your taxes.

2:04Nashir S. Younis:Yes. I saw all of Doug Miro's episode and a bit of Tavarish's. So, yes, I see why you wanted me to come so quickly to speak. But let's talk about you guys for a second, because it's been three years since I've been here. Yeah. Unbelievable growth. Mr. Beast, Mr. Wonderful, the guy that spanked Marty Supreme, you know, Timothy Chalamet, the guy that speaks charlotte may you i'd have it on the podcast even like mr looks maxing i watched all that like i want to do the chin thing now you know get all you know so you actually have a good chin no you have the chin man no no you have the chin well we can compare chins later but it's all so riveting i feel like you all are young enough to like know what you know younger people want to know also you have so much life experience and you just know things that you know the questions to ask so it's like the perfect mix of like not some old blowhard but also someone that's that's wise And I usually don't miss.

2:53Nashir S. Younis:So thank you guys so much for your content. We got to know, how many cars have you sold to pay your taxes? It's every year, man. I don't know. It's usually like six to 20 to sell to pay taxes to me, how bad it is. Last year was definitely the worst by a lot. It was because of a big mistake that I made over a Bugatti Veyron. And how big was that mistake? So I structured it as a lease. It was a$14 ,570 car payment. and in order to make the deal happen, I traded in my Lamborghini Countach. I had that car for four years and I bought that along with the Diablo. It was the best car deal I ever made.

3:29Nashir S. Younis:I paid$250 ,000 for both cars. Diablo VT Roadster and Countach is about what this guy paid for it about 10 years ago and he just wanted to get rid of it quickly. Coincidentally, I think to pay taxes. So I wrote that check. I sold the VT Roadster for 300 after spending some money fixing it and I had a free Countach. So when I sold it, it was a zero. I sold it for 500 grand or whatever. And with the lease, I couldn't just roll it in. The down payment has to go year to year to year to year. So I had to pay the full gain on the Countach and then only write off one year of it because I structured the Veyron as a lease.

4:10Nashir S. Younis:And then my accountant said, oh, hey, you owe$500 ,000 in taxes this year, along with other things. So that was March 15th, 2025 when he said that.

4:26Hoovie:So you know what's interesting? I believe for long-term capital gains, I believe cars count as collectibles, right? And there's a slight tax variation that you pay a little bit more being a car when you make money on it.

4:40Nashir S. Younis:Yeah. So because I had it over a few years, so it was like long-term capital gains, I think. So I was okay there. But it was just that I had zero money because I traded it all in and then had to pay the gains on it. Even though now it's nice because I sold the Behron and then got the 300 SL Goldwing. But I did a collateral swap. So it's the same lease. So now I get that$100 ,000 every year now for the next four years. So how much did you buy the Bugatti for? The Bugatti was like a 135, something like that. $1 ,350 ,000. because I thought I needed to be like, you know, keep it up with the Joneses because everybody's on YouTube, like next leveling.

5:19Nashir S. Younis:What can I do next to make myself, you know, flail my arms? Look at me, I'm buying a Bugatti, you know, because that's what everybody was doing. And I thought I needed to chase that to continue to get the views, to continue to get the growth. And the Bugatti was just, it was just dumb. It alienated my audience so much. It was used to me buying hoopties, used to me buying junk, you know, and aspiring to make them nice again. Something that was cool 20 years ago that is now down on its luck, and I try and bring it back and sometimes succeed, sometimes fail. The Bugatti Veyron is, it was never not cool.

5:51Nashir S. Younis:It was never down on its luck. It's, it's. So you bought, so the Bugatti was like a reliable car for you? Well, no, but it's not something that's like, someone per se, okay, you can buy a Lotus Esprit V8 for$30 ,000,$40 ,000, but should you? But it's like, yeah, you can buy a Bugatti for$1 ,300 ,000. Here's what it's like to own. That's not how I built my brand, my audience and all that stuff. And I kept going up and up as I became more successful in YouTube, buying these more higher stakes cars. And it was the same return. If I buy a$5 ,000 car, if I buy a million dollar car, they both had the same potential in use.

6:26Nashir S. Younis:And it just, it made no sense from a financial standpoint other than just me wanting to flex. And I didn't need a flex anymore. So you spent$1.35 million on this Bugatti, right? Yes. Well, it was trading in the Countach. So there's, you know, it's a little bit of horse trading negotiating there. So it's a little complicated. In my head, it felt like that's what I paid for it.

6:43Hoovie:What'd you get out of it?

6:44Nashir S. Younis:So I traded more or less straight across. I got a 599 in there just to help with the down payment, but about a million and a half because that's the goal wing is what I paid for it. So I traded again. So you did well. Yeah, I did fine.

6:58Hoovie:I did fine. And you made money on the content as well.

7:00Nashir S. Younis:I did make money on the content. It's, you know, a lot of the videos got over a million views, but it definitely worked. But the problem with it was I'd had it for 10 months and the guy with it was buying it from me. very generous. He traded a lot of Bugattis and he wanted to inspect it naturally before he purchased it. So it got shipped up to Connecticut. They inspected the car. It was leaking oil. It was leaking coolant. It was leaking transmission fluid. And they won another eight hours of diagnosis, about$3 ,000 to look at the transmission. Probably need to be resealed. Probably staring down the barrel of a$200 ,000 repair bill on the car.

7:32Nashir S. Younis:And he still took it mercifully. At the same price, did he try to negotiate the price with you? He knew that I was in bad shape. And like either, because I was trying to sell the car outright. And I actually called back the dealer that had sold me the car and said, hey, I need out of this. Like, I'll take a little hit. And like, just, you know, what do you want? And he just ghosted me. He didn't want the car. Totally just didn't even reply to my text. Not even nice enough to say like, hey, you know, probably not. I have too much inventory or some other excuse or whatever. Just ghosted me. So Ed Bolian was nice enough to actually set up this deal because he knew that my ultimate dream car was the 300-cell Goldwing.

8:07Nashir S. Younis:and he also knew that his friend Matt Ivanhoe, the cultivated collector, had just gotten one out of a state that didn't run. So it worked out. And the guy loves Veyrons. So he had, I think he has three or four Veyrons in inventory right now.

8:20Hoovie:So how much does it cost to inspect a Bugatti? $5 ,000 for a good one.

8:25Nashir S. Younis:How long does it take? About, yeah, eight, 10 hours, something like that. Yeah, yeah.

8:29Hoovie:Okay, well that's like, what? Nearly$1 ,000, that's like$500 an hour?

8:33Nashir S. Younis:Mm-hmm.

8:33Hoovie:Is it like a specialist? It's not just any mechanic?

8:35Nashir S. Younis:They have, yeah, it is at the Bugatti dealership and they do have to peel off a lot of stuff to see. So back wheels have to come off to get all the underbody panels and everything off to really look at the car. And honestly, I didn't know that it was leaking because all those underbody panels just catch all of it. So then when they take it off and take it down, I never saw a drop on my garage floor. It was always running great. And then they take it down, take a picture of that drip pan. And it's like a collage, like an abstract art painting of fluids. And yeah, not good.

9:02Hoovie:What I don't understand is how you didn't end up having the cash to pay your taxes. Because at the same point, you must be making some pretty good money on YouTube. And is literally every single penny just going into cars?

9:13Nashir S. Younis:I'm not that bright. This is a problem. So I had a really bad year before that because I got carried away with a home renovation. I bought this old farmhouse in Kansas and I wanted a few acres to be able to put up a steel building and it's zoned agricultural. And I wanted to be like, I saw Stradman in his videos in his house and how forever blown you guys talked about it in depth with his podcast. I was like, I'm not going to do that. I'm going to be the smart guy and buy the house already. And then it's going to be zoned properly where I can put up a cheap agricultural kind of metal building and just finish it out inside and not spend a whole lot.

9:46Nashir S. Younis:And then I decided, oh, I'll renovate the house a little bit. And then I ended up basically doubling the square footage and it just, it snowballed into house property for$800 ,000 and then wrote checks for a million dollars in the home renovations and the building. The building actually about$420 ,000,$30 ,000 all in for a 6 ,000 square foot building, heated, air-conditioned, insulated. It's beautiful. But the house, I'd never done a home renovation before. And these people just, oh, I think they all got together for beers afterwards, all the subcontractors, and just laughing at ripping me off.

10:19Nashir S. Younis:It was so bad.

10:21Hoovie:You think they saw the YouTube channel, they saw the Bugatti, and they're like, oh, we could just charge whatever because this guy has like 30 cars.

10:27Nashir S. Younis:I didn't. So he came out and I said, hey, I'm not wanting to spend more than $300 ,000. If it's around$300 ,000, I'm just not going to do it. It's like, yeah, it should be fine. And it turned into$700 ,000 and another$200 ,000 in landscaping and things. It just went insane.

10:42Hoovie:$200 ,000 in landscaping?

10:44Nashir S. Younis:Well, it was the pond and different things and like the concrete driveways and stuff. It snowballed, man.

10:51Hoovie:How did you not catch this when you were going in and like quoting this out?

10:56Nashir S. Younis:So it got the stuff hit the fan about July. I was six months into it. The house was all torn apart like most people find out. And then so they were adding onto the house a new wing and we were actually taking the existing garage and making it into a master bedroom. So it was existing square footage. We just needed a little living room sort of to connect it to where it made sense for the layout. And so that was the new addition. And they were redoing a lot of the roof to make all the pitches and things work. And it wasn't that much, you know, maybe covering 3 ,000 square feet of roof, but it's a little different because the house is sort of old and it's metal on the sides and vinyl on top.

11:29Nashir S. Younis:And I got a$100 ,000 bill for that. The contractor, it was somebody they'd work with a lot and it was somebody that I sort of knew friend of a friend or whatever. And they didn't bid it out and I didn't know because I wasn't paying attention.

11:43Hoovie:Did you fight it at all? Like, hey, how'd this get to be$100 ,000?

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11:46Nashir S. Younis:It turned into a fight, but it was kind of like he wanted to sit me down and show me how much everything cost and like how he only made 10 or 15 grand on it. And it was like very offended. And so he may have been right, but then a lot of times when people get really angry and offended, usually then they're just trying to get you to go away. And I was smoked anyway. What am I going to do? Like the job was done. I didn't get it quoted out beforehand. I thought that was the job of my contractor to do and like let me know. And he just said.

12:13Hoovie:So you had a general contractor, not a subcontractor. A general contractor is supposed to talk with the subs and get bids to make sure the stuff gets done within the budget.

12:20Nashir S. Younis:And I wasn't paying attention and I hadn't done this before. So he just called the roof guy that he knows and said, hey, we need to fix this roof here. And he did it. Didn't you tell your general contractor the budget though? Yeah, we talked about it.

12:30Hoovie:But then what happened with him? Because that sounds like it's kind of his fault. Like that's his purpose. You could go direct to sub, right? Or you use a general contractor to make sure it gets done properly on the timeline and then also at an effective cost.

12:41Nashir S. Younis:The house is all torn apart and I get the roof bill in and I'm already at$300 ,000 and the inside of the house is studs. So what do I do? Like this guy's started, he's got to finish it. You know, it's a tale as old as time. Like you guys are smart and you do real estate and all this stuff. but a lot of people are in these similar situations where where this this happens to them and i thought you know i thought i was smart enough to avoid it and not get screwed and you think with someone with a you know a little bit of a public persona where you wouldn't do that and i also think that this guy was a bit older and i don't think that he realized how much some things were costing now as far as the changes with things so because it was it was sort of a friend of a friend again that had done some work for, I think my dad in the past, like a patio thing.

13:25Nashir S. Younis:So like I knew that he did good work and the quality work was great, but obviously things went way out of control.

13:32Hoovie:Now that you have your dream home, was it worth it?

13:34Nashir S. Younis:I am just now getting used to not looking at something and thinking I got screwed there. I got screwed there. There was one chandelier in the master bedroom where a restoration hardware accidentally priced it at$600 when it should have been$6 ,000. And I hit the buy button on it and I was like, is this thing actually going to show up? And it did. So that's the one great victory of the house in the master bedroom every night. I can look up at that chandelier and just go, I got them there. And that's about all I got. Otherwise, I just look at all this like, oh my God, this about just ruined me.

14:08Hoovie:So help me understand exactly what's going on then. Because you couldn't afford your taxes, so you had to sell a bunch of cars. but you're still buying cars which you could argue are assets i have to so you have to because

14:22Nashir S. Younis:that's the content that's who these garage if i run out of things to talk about my existing cars i buy another car yeah but you have like 30 cars yeah but you run out of things to do and once again youtube has changed so much to where you can't just do a little bit you know like a check engine light comes on and you say oh that has a oxygen sensor code let's go get a pizza like you There has to be a lot happening in a video to compete with the level of content, the quality that's been raised in the last five years of YouTube, where it has to be a pretty significant event when you post. And I'm sort of a twice a week, a weekly video type of thing.

14:57Nashir S. Younis:So now for me to keep up, there has to be a lot. It can't just be the buy and everything's wrong and then, you know, fixing things and checking in on it. Like it all sort of has to be roped into where it's 30 minutes of really compelling content now for it to compete with this new generation of stuff.

15:13Hoovie:So do you think then your viewers like seeing you in financial distress? Yes.

15:18Nashir S. Younis:Yes. Bad is good and good is good. That's the wonderful thing about me is if I get a good car, it all works out fine. Video's not too exciting. I get really excited about a car that's amazing. What a deal. All that stuff. Great. But then that's one video where I get something really terrible. Like most recently, this Lotus Esprit V8 where the seller didn't mention anything when it was on bring a trailer and then sold later at auction where the transmission is crunching and all these issues. I know like, OK, this car sucks and people are going to love that this car sucks and me having to go through and suffer through making this thing work again.

15:49Nashir S. Younis:I know that it's going to be compelling content. So really, I win either way.

15:53Hoovie:But how much of that is purely watching you in misery when something happens and the audience is just like enamored by that?

16:01Nashir S. Younis:I think people love to think, wow, I am not as dumb as this guy. Like, like, OK, I at least I'm not that stupid. And so and I just I just like playing into that. Like, why would he do it again? Why would he buy the side unseen at an auction? Do it again? Like, again, really this turd? And then they're like, OK, my problems aren't so bad. I think I think that there's a bit of that. What's the most that you've lost on a car? Well, Doug was nice to end the video of my most recent one when he was on interviewing where I let a car go for apparently$40 ,000 short. So for recapping those who didn't see it.

16:35Nashir S. Younis:So Doug told a story about he really wanted this custom Cadillac Eldorado that GM built. And I had bought it from an auction for, I think,$12 ,000 or$13 ,000 and made all the custom stuff working in the door poppers. It was like shaved and channeled really cool, like an old school custom hot rod. But modern Cadillac, an Eldorado from about 98, 99 or whatever. It has sold three times in the last 15 years for around$13 ,000,$15 ,000. It had no title because GM actually commissioned this car and it was custom. And they didn't want people driving on public roads for liability reasons. So they sold on a bill of sale, can't be driven on public roads.

17:14Nashir S. Younis:So I figured it's worth$13 ,000,$15 ,000. A friend of mine who's a car dealer got this dream Escalade that I've always wanted. It's a unicorn to find one with very low miles and all this stuff. I'm an Escalade nut. And he proposed a trade with a bunch of other cars and he valued it at about the$13 ,000,$15 ,000 that I bought it for, had into it. Made sense. Okay, get rid of it. It sold a bunch of times. I'd uncovered all this cool history about the car and made videos and things and made it all work. And it was neat in that aspect. And then he put it on Bring a Trailer and sold it for$50 ,000.

17:44Nashir S. Younis:Immediately after the trade? Immediately after the trade, did nothing to it. took pictures, put on a regular trailer, two total nut jobs, bid it up to 50 grand. And Doug was so mad at me because I'd mentioned maybe selling it on cars and bids. And he really wanted to do a video on it. But the car is on a bill of sale. And I never thought I'd bring that much money. And this guy thought it was cool and really wanted it. And I didn't have the money. Like, I didn't want to buy another car. So trading made sense because like, okay, get rid of two to get one. Like, okay, this makes sense. And turned out I had left$40 ,000 on the table.

18:15Nashir S. Younis:but you never know because it was just like from from like 15 grand to 50 it was two complete whack jobs bidding this thing up

18:24Hoovie:was that just random chance random chance yes but you can't help but just kick yourself

18:29Nashir S. Younis:two guys just two guys just wanted the car equally as bad that's the fun part about these auctions like I've worked for Barrett-Jackson Eclectic Car Auction for six years now and you just don't know with two people in a room that have had a bit to drink with unlimited money and you just see things that you never would think are possible. And this has happened to be on an online auction where this happened. So but obviously, I kick myself because of that.

18:53Hoovie:So do you think that's the market value of the car? Or was that a fluke that just two guys just had an ego and was like, well, I'm going to outbid this schmuck over there?

19:00Nashir S. Younis:Yeah, this boomer, he'll die or he'll want to sell a get bored in a couple of years and he'll sell for 15 grand again. Like it's, you know, it's just it makes no sense.

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20:30Nashir S. Younis:I'm trying to think. I mean, that's the one that sticks in my head a lot recently. But yeah, there's never been ones that are more than$20 ,000,$30 ,000, I don't think. So an depreciation things. I try not to be that dumb. There's a lot of five or$10 ,000 losses, but not nothing extremely crazy.

20:47Hoovie:Then technically your portfolio is literally just cars. So when you have spare money, you buy a car and you hope, even if it just stays the same, it's like a forced savings account. If it goes up in value, that's great because your investment had gains over time. And if it goes down, it's like, okay, fine. Usually it's maybe five,$10 ,000 loss. So actually financially, you're kind of doing the right thing. For me, I think. It's content though. Everything is content. Like every car has an ROI. To spend 50K on it, you could probably make back a certain percentage of it. It's just not clear cut. You know, like a lot of people would see this, oh, clear cut, he's doing the wrong thing.

21:23Hoovie:But in this case, I think that there's a little bit more nuance to what's going on.

21:26Nashir S. Younis:It makes sense because if I put the money in stock market or whatever, there are different kinds of investments. I don't make videos or content on that. So the cars sit there and they're pretty stable in value relatively. And I have sponsors that are paying every video sponsored that pays$10 ,000 to$15 ,000 for me a video. And then there's the AdSense and all that stuff. So it makes sense from that point. And yeah, if I lose 10 or 20 % on the car, most of them are not expensive cars. So we're talking on a$50 ,000 car, five or 10 grand at most. So it makes sense if I get three to five videos out of it, then obviously it makes sense as a business.

22:00Nashir S. Younis:But it's still when you take out the YouTube business side of it, it's just a car collector just buying broken cars and screwing up. On the surface, it looks a lot dumber,

22:10Hoovie:obviously. But you said before that you actually have an addiction buying cars. You said you had hoarding tendencies. Yes. Yes.

22:17Nashir S. Younis:Because I was a car dealer before this. So I was so bad as a car dealer because I wanted to keep all the good stuff. It was like a drug dealer, like just doing a mountain of like, like Tony Montana, just, you know, instead of selling it. And that's what I was doing instead of selling cars and making the money that way. So it made a lot more sense for the YouTube perspective. So when I closed up my car dealership and went into a totally different business and then started writing and doing videos on the side and that all blew up, but it was the same thing that I was doing before. So it wasn't, it wasn't that different.

22:44Nashir S. Younis:I just started documenting it and it turned out to be a, like a genre defining thing. That is my mark on the world. Who he's garages, the guy who bought the cheap exotic sort of car that was once cool that's now really cheap and trying to bring it back. And now it's a very copying, tired formula at this point. But I'm still doing it 10 years later because I don't know what else to do.

23:03Hoovie:But how serious is this as an addiction that you can't help but keep buying cars? Because you were talking recently about Barrett Jackson and how they'll pay you. Doug was so mean. They'll pay you to go and speak and narrate Barrett Jackson, but then you just spend the money back on the auction. They're making money off of you.

23:22Nashir S. Younis:I never thought about it like that. that before until Doug laid it out in his podcast very clearly, which is so nice that he still cares so much about me to spend half of his podcast with you guys talking about me being an idiot, which is wonderful that my daddy cares. But yeah, I never thought about it that way. So when I got hired for Barrett Jackson six years ago, they had just made a transition on networks. They had moved over to the FYI and the History Channel. And my TV show was briefly on the History Channel for one season before it transferred over to Motor Trend. So I was known there and they hired me and they offered like they wanted to bring in their own talent.

23:58Nashir S. Younis:Like a lot of people on a new network, like we want to bring in some of our own people. So new young people. Oh, we know this guy from the show. Let's hire him. They offered me$500 a day to come do Barrett Jackson for the first time, which when you want your spring break to feel like

24:15Hoovie:and your kid's pool day to feel like and your hotel bed to feel like, ooh, and room service to feel like, because at Hilton, hospitality feels like,

24:29Nashir S. Younis:your cabana's ready. Would you like fresh towels?

24:32Hoovie:It matters where you stay. Book now at Hilton.com. Hilton, for this day.

24:41Nashir S. Younis:Not a lot considering, I mean, for television and for where I was at, you know, as far as social media class. I mean, it's a lot of people would would kill to make five hundred dollars a day, obviously. But but in that world, it wasn't it didn't make a lot of sense. But I really wanted the experience. I'd never done live television before. So I said yes. I think I asked for a little bit more, but then said yes, when they kind of like just like this is it, like try it or not. And I just dreamed of this was my dream job. I wanted to be on TV. I didn't know YouTube was a thing. I'm a bit on the older side.

25:12Nashir S. Younis:So I'm turning 40 this year. So I'm still sort of like in that old school, like TV's cool. And so my parents are like, oh, he does TV. He has a real job versus a YouTuber. It's not somebody that is actually working. They're just like putting a camera in their face and goofing off. So I'm sort of on the edge of that generation of looking at it. So I thought it was neat. And I'd watched the Speed Channel coverage of it, the Speed Channel when I was a kid. And Barrett Jackson was the first to do it in like 98 to go on there. And I was glued to it. I was fascinated by it. I begged my dad to go in person to the auction the first time in 2004, 16 years old.

25:46Hoovie:were you guys even born yet barely jack wasn't i was born six years old okay okay i just dreamed

25:53Nashir S. Younis:of going and it was the first time i had ever saw a 300sl going in person that was the most beautiful car everything that was an incredible event i watched these guys on tv forever knew how the show works knew how they talk knew how they kind of go back and forth talking about the facts doing their commentary and things so to get the phone call to come do this job i was i was just so over the moon excited that that that was that was the motivation. And they'd known me before. So it wasn't it wasn't like, let's give this junkie some money at the casino. Like Doug DeMuro said, you know, let's have this guy and give him like two thousand dollars credit at the casino and watch him hang himself into two hundred thousand dollars in debt.

26:28Nashir S. Younis:Like there was there was a there was some legitimate connection there. And it was definitely a dream job. And it's evolved to where now I'm up on the block for Super Saturday last week. And we sold a gold wing for two point six million dollars when i was a kid that basically that same gold wing sold for two hundred thousand dollars so it's it's really neat to be a part of it now yeah so they paid you say 15 or so hundred

26:52Hoovie:dollars that first time you did it that first time yeah and then how much did you spend at the auction

26:56Nashir S. Younis:oh that first i didn't buy anything in the first couple of auctions i don't think it took a while for me to get comfortable because i was really focused on like doing this well i'd never done live tv before so right now like to have a podcast i wasn't naturally good at this either because in YouTube, you can screw up, you can jump cut, you can start over. You know, you could, you kind of joke about a little bit where you sometimes mess up and say, Hey, Graham, it's guys here. You know, like, like in YouTube, you like you goof up and you can really cover it up very easily. You guys edit your podcast a little bit to stuttering too.

27:23Nashir S. Younis:And when somebody kind of just blanks out. So, but with, with Bear Jackson, it's live. So my first time we're wearing masks, it's 2020 and you can't see my mouth. You can't see him speaking. And I take a deep breath right before I go on air. Okay, go. I take this deep inhale. The mask goes in, into my throat. I'm choking. This is my first time on live television. And I'm like choking on a mask. And then that same day we're walking around a car and I'm talking about what's cool about this car. And then I forget my train of thought and I blank for three, five seconds, eternity. And I come back on.

28:01And

28:01Nashir S. Younis:then the tech guys come out and they take my microphone. I was like, what are you doing? Well, you dropped out for like five seconds. So we think there's something wrong with your microphone. We're going to check everything, test everything. I didn't tell them because they couldn't see my mouth moving. They didn't know. They thought it was just the microphone that dropped out that I had just brain farted for five seconds and like completely lost my train of thought and just, just like stared at the camera blankly. So in, in that, in that five or six years, I've come a long way and learned a lot.

28:25Nashir S. Younis:And it's made me better on YouTube as far as editing myself and things. So I can go a little longer and not, you know, there's like a, there's like a 30 second wall before where I like, okay, I forgot what I'm saying. What am I going to say next and then go from that. Even with YouTube, like starting out, I would print off a piece of paper about this long and read down the paper. And you could see it in my early videos where all of a sudden like my eye line is getting lower and lower and lower as I'm reading. And then I reached the end and then it jump cuts, you know, the next thing because I taped the next thing on.

28:54Nashir S. Younis:And sometimes the wind would catch it like a sail and don't like blow my camera over and just smash it, you know, so it's, it's helped a lot.

29:01Hoovie:So do you identify more as a car owner or as someone who likes to fix problems.

29:07Nashir S. Younis:I am definitely a car owner, collector, enthusiast, more passionate. And it's a champagne taste on a beer budget. It's always been like that for me, where I've always wanted to have these cars, but I'm very happy with the crappy versions of them and just, you know, having, I guess, quantity over quality. And it's definitely an addiction too, where I feel like, you know, I'm like, okay, I haven't bought a car in a week. Like, let's just, you know, let's see what's out there on Marketplace. And definitely. thing as well.

29:36Hoovie:What does it feel like when you buy a car like that, when you had that itch and then you just buy something?

29:41Nashir S. Younis:It's a junkie. It's full out junkie, but it's also, it's always exciting and it's, it's a never ending well of content. So I started doing this 10 years ago. Those cars that were brand new 10 years ago are now turning into total junk. Like it takes a shorter amount of time for modern cars to turn into junk with all the electronics, the hybrid stuff, the turbo stuff. And it's just not built as well to where all this stuff that it'd take 20 years old for a car to fall apart. It's now taking five or 10 years. So it's this endless well of especially modern European stuff that just falls apart so quick.

30:15Nashir S. Younis:And it's like, and depreciates so hard that like, oh my God, this was a$200 ,000 car 10 years ago. And now it's 10 and it barely moves. Like this is incredible. And it's just that it's so exciting to me to figure out what's going on with it and the process and like just getting into why these things are just falling apart. And like, let's, can we save this one? Like, maybe we can bring it back. Maybe we can bring this one back and make it usable again. And it works out most of the time. Yeah. How much is the satisfaction of fixing something up though? It is. So I'm not a wrench. That's the other part where like I have the car wizard.

30:53Nashir S. Younis:I have, you know, different things, different people to use for different things. And I just sort of document it, which is so much easier. And I, you know, I have some technical know-how and a lot of experience to where like, I understand what the problems are and I understand what the parts are. I understand how to do it, but I'm just not that hands on. And I'm much better tasked at like breathing down the mechanic's neck filming, which is annoying for a lot of mechanics and talking about it. And then understanding from a layman standpoint, like how this works and explaining it in a way that they understand and the process and all that stuff.

31:23Nashir S. Younis:if you're a wrench in doing the work like like to barish it is so hard to not only do the work that's hard but then have to document and stop and move the cameras and talk about and everything and it just it it triples the time it takes to do something or more it just makes it so much more difficult and then you're also thinking about the the youtube aspect of it and the story aspect of it rather than fixing the car and that's why you know freddy is three years into his p1 because it's it's such a the scope of the project so insane but then also having to document it and and, you know, meaningfully move things along at a budget, it's very difficult.

31:58Hoovie:What's the easiest and the hardest car to work on?

32:01Nashir S. Younis:Well, I feel like my 2005 Cadillac Escalade is my daily driver in Arizona, and I have one in Kansas as well. It's just such a simple, easy thing, and it's the right amount of age where it has modern electronics to make it easy to diagnose. You know, in like an old car where you're like trying to figure out the carburetor and the points and like different things. it's like a check engine lights come on replace the crank sensor the crank sensor takes you know it's you have to take the intake off but it takes an hour like it's all very straightforward very easy it was still engineered to a point where it's all very accessible and um i go back to like 80s mercedes diesels that was the first car i ever bought with my own money for 2500 bucks and it's just all mechanical it's like legos for grown-ups and once again they engineered the things to last forever and to be serviceable so like an 85 mercedes diesel like everything's reachable everything's easy like there's there's no like gotchas where you have to take a whole nose of the car off to reach you know to take a belt off like on a modern audi or whatever as far as like difficult ones hard to imagine anything more difficult than a bugatti um just because and it comes down to i think dealer support and how much they're willing to let people access the software to fix and program these cars and that the modern cars the new stuff where the dealers are keeping that all close to the vest where the right to repair is a very important thing that people are talking about where dealers keep the software and the programming and all that stuff to themselves and don't let the normal consumer be able to buy a module and program it.

33:26Nashir S. Younis:So for example, like my Bentley Connell GT, it's an Audi Volkswagen$50 airbag module. We tried a bunch of different ones. We couldn't get to work. We couldn't get to the program because Audi Volkswagen keeps it. Bentley keeps the programming. $3 ,000 for the same part from Bentley, just with different programming to work in the Bentley Connell GT. And there was no work around. There was nothing we could do to figure it out. And that's where I think it gets really annoying. It's the right to repair. Freddie's dealing with it right now with McLarens and stuff and Matt Armstrong recently where Bugatti doesn't want to give up parts on cars and things and take it outside of their service base.

34:02Nashir S. Younis:So that was the other part of the Bugatti where it's like, I can't really fix it. Like some parts match up, but I can't really fix it myself and with independence because they just don't want to share the intelligence of how to do it. Is it just about money? I think it's about money and then also the control of it. And they want the cars fixed to a certain spec and a certain degree in these high-performance cars. And they don't want people like me cobbling them together and keeping them going, especially, you know, the liability of building a car that goes 250 miles an hour. So, you know, like$60 ,000 for tires on the Bugatti Veyron.

34:34Nashir S. Younis:Insane. It's nuts. They need to... What do you think is the material cost on that? Not much, but it's just because of the mounting. There's only two machines in the world that can mount them to these tires. Ed Bullion's talked about this a lot. And it's just because it's so scarce, and they decided to make it a wheel specific to Veyron, and they just didn't make it easy. That's where the Chiron improved a lot, where they made it a lot more serviceable in that aspect, where there's not 12 different drain points to do an oil change, where you have to take the car half apart to just do an oil change.

35:05Nashir S. Younis:That's why it cost$15 ,000 on the Veyron. So they learned a little bit, but they're still, they're just not independent mechanic friendly. But then even Ford's getting harder with that. Like even mainstream manufacturers are figuring out like, hey, why do we give up the keys to the castle when we can just force people to come to the dealer to fix the cars, which is going to suck when they get old and cheap and kids are trying to keep them going. It's going to be terrible. Are they making cars more or less reliable? I would say less reliable. And it's all down to just the high-strung four-cylinder engines that they're putting in cars to get the most efficiency and more power.

35:40Nashir S. Younis:And they just don't care about the longevity of it. And then also trying to get out as few warranty repairs as possible and to make the initial warranty as far as the cost of regular maintenance as low as possible. All they care about is when they sell the car, is it showing on consumer reports as reliable? And is it showing as low maintenance? So they don't care to say it needs 15 ,000 mile oil changes. They don't care that things are not built well to last. They just want to make sure it lasts through the warranty. And they're really not caring about how easy it is to work on or that kind of stuff.

36:14Nashir S. Younis:So it's their motivation to just not do that anymore, obviously, for a lot of other reasons. Obviously, they want people buying more cars.

36:21Hoovie:And what causes a car to lose so much value? Like you're talking about these cars that are like 200 grand that you can now get at like 30. Why do certain cars lose so much?

36:31Nashir S. Younis:I think it's just the things are getting so dated so quickly when it comes to software on cars and things that the early infotainment cars, like the original BMW iDrive system is just so clunky. And you get in it now and you're trying to go just change the stereo from FM to satellite or your iPod or whatever. I'm getting old now. See, it's all mixing around. So I'm saying things like that. But it's so clunky and it evolves so quickly. and even Tesla, you know, they try and upgrade. It's nice that Tesla upgrades the cars like with my 2017 Model X, they were able to update the cameras and everything and make it to where normal FSD works in it.

37:08Nashir S. Younis:So it's nice, but most manufacturers don't care. The cars just, they age so quickly because of the software and also because of how complicated they are and the serviceability costs are just insane.

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38:24Hoovie:That is foratravel.com slash icedcoffee and be sure to tell them that we sent you once again. Tell Ice Coffee Hour sent you at foratravel.com slash icedcoffee, link down below. Thank you so much to Fora for sponsoring this episode. How many cars have you bought and sold in your life?

38:38Nashir S. Younis:I don't know. Well, the car dealership, it makes it complicated, but it's over a thousand.

38:42Hoovie:You've bought over a thousand cars. Oh, yeah.

38:44Nashir S. Younis:Yeah. Easily. Yeah. Yeah.

38:46Hoovie:So you've probably sold like 900 and... Yeah, pretty close to a thousand. Yeah. Somewhere like that. Yeah. That's... You probably sold 500 then, right? I know.

38:55Nashir S. Younis:If I had 500 cars, man, that'd be something. But no, I tend to keep 20 or 30 at a time just with me. But before that, I had the car dealership. So I was turning, you know, a few hundred cars a year for years. So yeah, there's a lot of cars.

39:09Hoovie:Is it sometimes slightly maybe like a negative thing in your life to be such a car fanatic? Because I have another friend that has a similar thing, a massive car purchasing addiction, and they just want to get the newest and nicest and best thing. and it kind of puts you on a bit of a hamster wheel because nicer cars are always being made. Old cars that are extremely expensive consistently go up in value, especially as of late. And so it's just like this thing that you're constantly chasing in life. And if you could want it just a little bit less, maybe that could add some peace to the life.

39:45Nashir S. Younis:I'm so grateful for people like your friends that buy the cars new and take that hit. So at least I'm not as dumb as that to like constantly chase the new thing and need that and taking these massive depreciation hits. But I have bought some new cars recently, like the new Corvette Z06. I bought that and sold it very quickly before those started depreciating. Like I sold it for 50 ,000 over sticker. New GT500, I took that brand new, sold it for a little over. Tesla Cybertruck, I was the first one of those to get those. I sold that for 10 or$15 ,000 over sticker before they just completely blew up.

40:18Nashir S. Younis:So I knew if I could get it and make videos and get out of it before they took a big hit. But I've always been okay with losing money on fixing them and not on depreciation as much. So that's where I've always operated at, I guess. So you love your addiction? Yeah. I don't see anything really honestly that wrong with it, especially now if I wasn't doing YouTube. And before, it was obviously a problem. The YouTube enabled it. And I'm very grateful. Very grateful. So if a normal person did what you did, they would go bankrupt. Right. Right. And that's, I am a horrible influence, horrible. And people tell me stories that come up to, oh, I bought this car because of you.

40:57Nashir S. Younis:I'm like, I am so sorry. I'm so sorry. Yeah, I feel bad.

41:02Hoovie:Have you made money on all of the cars you've owned? No.

41:05Nashir S. Younis:Well, overall, obviously I've made some money.

41:08Hoovie:Like generally speaking, if you were to collect the entire cost that you've spent buying a thousand cars and then the amount that you've gained selling a thousand and the current value of your car portfolio, if you will.

41:20Nashir S. Younis:I would say it's, yeah, probably up about, I don't know, everybody looked like a hero during COVID, you know, where everything was going up in value. So like everything I bought, and I think this is where a lot of YouTubers got in trouble, including me, where it's just like you were unstoppable because every exotic you bought, you could own it for six months or a year and it would gain 20, 30 % in value in that time. It just seemed like the party was never going to stop. Of course it was going to at some point. And I think a lot of people got caught in that. But overall, I think I'm pretty close to even or maybe a little ahead.

41:53Hoovie:What's the most you've ever made on a car?

41:54Nashir S. Younis:The Countach deal, for sure. Okay, it was that.

41:57Hoovie:You walked into$500 ,000.

41:59Nashir S. Younis:Yeah. I mean, the car at the time, probably each of them were worth about$200 ,000 to$250 ,000. And I bought that on the last day of 2020. So the timing was excellent for the rapid, incredible depreciation on the Countach.

42:14Hoovie:You're so used to saying depreciation. Yeah, I know. I know, I know. Something going up in value,

42:17Nashir S. Younis:you're like, that doesn't compute. Incredible appreciation on that car. SLS AMG, a great appreciation on that car. But then there's ones like the SLR McLaren, sort of, you know, the previous generation hypercar. I owned that car from 2022 and just sold it a few months ago and sold it for what I paid for it. So like that, you'd think an SLR McLaren would be something special and I bought it really well. I thought it was only 2 ,000 miles on it, but it just, they never moved. Why?

42:43Hoovie:Because I think that car is undervalued. It's so special. You never see them. It's iconic.

42:49Nashir S. Younis:People think that the service costs on that car are astronomical. And if they take it to the Mercedes dealer, they're right. So, for example, Nick, the guy I sold it to, he was a friend of Doug DeMuro's, he had the alternator fail when he drove it to Arizona for Arizona Car Week. And he needed it fixed quickly. He took it to the Mercedes dealer. They said, sure, that'll be$13 ,000. It's the same alternator on every other Mercedes. It's not that hard to reach. there's this big slr text of the dealer for no reason so he takes it to an internet shop and i think it's fixed for under two grand the brakes yes the brakes are fifty thousand dollars they're they're ceramic brakes they're very expensive they never wear out i have a porsche panamera with ceramic brakes 115 000 miles they're fine as long as you don't track the crap out of them but most of these slrs are low mileage you never have to worry about the brakes so a lot of this stuff it just it doesn't make any sense so that's that's the negative perception also the fact that it's a slush box automatic and not a gated manual manual like a carrera gt uh that that definitely i think held it back a little bit so the perception of that like kind of weird and the looks have always been a little polarizing on that car feel i think it's gorgeous like an slk that was the one thing i felt that held it back yes yes they didn't you know they did that race car formula one nose on it that looks a little phallic and then they made the mistake of putting it on the slk which made it look you know even more ridiculous and i think that definitely hurt

44:08Hoovie:So as someone who's owned a thousand cars, what is the recipe for making sure your car doesn't depreciate a ton?

44:15Nashir S. Younis:Oh, I mean, it's just buying one that's already depreciated, but it's an no-win scenario for the most part because you're either going to pay the car payment and the depreciation, all that stuff, or you're going to buy it cheap and basically have a car payment in at least something nice and expensive with the maintenance. I mean, anybody can buy a 20-year-old Toyota Camry and not lose money and just keep it going. But if you're getting something cool and interesting, it's one or the other. It's either maintenance or depreciation. Just take your pick.

44:39Hoovie:But also in terms of adding miles on it, Graham was saying, you know, he bought his Ford GT at how many miles? 7 ,500. 7 ,500 miles. And he's horrified at making it. Can't go over 10 ,000 miles. You can't do it. You can't do it. Exactly. Because apparently, as soon as you do that, you immediately lose a bunch of value. Yeah.

44:58Nashir S. Younis:It goes from 400 right now to probably, what, 350?

45:00Hoovie:No, it's going to go from$485,$475 down to probably$425. What color is it? White with blue stripes. Okay. And red calipers. $475.

45:10Nashir S. Younis:We sold a yellow car, just turned to 10 ,000 miles for$440. So the yellow is the rarer color at Barrett-Jackson.

45:17Hoovie:Sells for less than the white. Yeah. Every color has their own little price. So then what other tips and tricks, aside from like breaking a certain mile number, do you have to not lose a bunch of money?

45:28Nashir S. Younis:Well, I mean, it's just buying it at the flattest of the curve, which is usually, you know, 10 or 15 years in. And it's something that was really cool and desirable. It's something that was magazine covers that everybody was talking about that's now 10 or 15 years old. It's at the bottom of the curve, which I think the Ford GT, at one point, that was, what, five-ish years ago. Of course, there was a time where a Ford GT was$150 ,000, so under its MSRP. But as far as the flattest point, there was still a point where you get them for under$200 ,000 for a minute. Like, maybe it was six or seven years ago.

45:58Nashir S. Younis:now right before 2020 i remember like stradman and i were looking at the same one that he bought in for in in hawaii and i was like i'm gonna hit the button on that and it was gone i was like oh crap and it ended up being james who bought it you know i got the sls instead and obviously would have been way better to go with the ford gt but the sls did fine so i think i think there's a certain age mark where it's 10 to 15 years old something that people thought were really cool so you could take for example like a even not something expensive like a like a mazda speed miata from 2005 where they put a turbo on a miata from the factory special body kit and all that stuff and they have been 10 to 15 000 cars for a while now it there's there's no chance of that car ever depreciating because there's a little bit more limited production and run and they haven't done it really ever again so there's a lot of things like that where it's like wow this is this is a cool car that they made during this time that you can seek out so if you want to get a

46:50Hoovie:really cool car that ideally could appreciate but hopefully also just stay flat definitely not depreciate at 25 ,000, 50 ,000, a hundred thousand and a million. What would that look like?

47:02Nashir S. Younis:I don't see. I don't play, I don't play that game that much as far as what, what wouldn't depreciate. So at 25, I feel like some of these analogs, these last sort of manual cars that they still make that don't really make anymore. I think it's pretty safe to get something with the manual transmission. A lot of, a lot of Corvettes and some of the cooler Mustangs and stuff where there's around 25 grand right now that that would definitely work like a c5 z06 might be tough to get around 25 that'd probably be a great one to get i mean 25 should be doable on that one still c6 it wouldn't be able to do it uh 50 grand i feel like right now what i just got was the amg gts and it's a great car incredible car so i don't feel sad about selling my 300 000 SLR or my$200 ,000 SLS AMG.

47:46Nashir S. Younis:So I got this, it's the same platform as the SLS for 50 grand for 500 horsepower dual clutch. It's beautiful. It's stunning. Yeah. The doors don't go up all cool like my SLS and SLR, but it's so amazing for 50 grand. And there's nothing that's going to be a$50 ,000 driving experience for less. I feel like there's no way it'd be less than 50. Nobody's going to ever say that that basically AMG's purpose-built supercar is going to be a$30 ,000, $20 ,000 car. It's impossible. It's not going to happen. But then you go up to 75.

48:17Hoovie:No, it could be like between 100 and 300.

48:19Nashir S. Younis:100 to 300? I think, yeah, you could still, once again, the gated cars, a gated Gallardo, a gated RA, it's something that's still analog, that's still serviceable, that's not into that hybrid tech and all that stuff where I feel like there's going to be a big rejection of that as they age. And you're seeing the trickle down of what once was, you You know, the hyper car, Holy Trinity, the McLaren P1, the Porsche 918 Spyder, and the Ferrari LaFerrari. Getting down into the normal Porsches now are hybrids. The 911 Turbo is going to be a hybrid now. The normal, the Ferraris, like the SF90,$700 ,000 car that's depreciated 300 grand in a couple of years.

48:57Nashir S. Younis:All this hybrid tech that people are rejecting. And then when they're 10 years old, on a normal Ferrari, you're going to spend 100 grand on a battery replacement. People are going to reject that.

49:06Hoovie:$100 ,000 on a battery?

49:08Nashir S. Younis:It's$200 ,000 or$300 ,000 to do it on a Ferrari. $200 ,000 or$300 ,000 to do it on a P1 when they fail. How much of that is the cost of the battery? They charge six figures for the battery. The labor is still expensive, but they charge an unbelievable amount of money for these batteries.

49:19Hoovie:Do you have to take it to like Ferrari or McLaren to fix it? You can't take it to an independent who could tinker with it and mess with the software.

49:26Nashir S. Younis:It's not like a Prius or all that stuff where you can rebuild the cells or like the Tesla Roadster where you can rebuild the cells and balance them back out and all that stuff. And they upgrade it as well. So they're going to be stuck with that. So I feel like people are going to go back. I want the days where I can just change the oil on this thing and fix, you know, change spark plugs and still go. And so these last Audi R8s that are still somewhat analog, they don't have to be manuals. But as far as just not that crazy level of technology to where it's still, you know, a normal independent dealer scan tool can access it and still keep it going reasonably.

49:57Nashir S. Younis:I think there'll be a big appreciation for those.

50:00Hoovie:How many cars have you regretted selling?

50:01Nashir S. Younis:You know, it's tough because I do regret a lot of it. But unfortunately, I'm not wealthy enough, like Jay Leno's Garage, where I had outside income of something else, you know, doing the Tonight Show for 20, 30 years or whatever, to where I can keep the things. So if I need to recycle and do fresh content, I have to sell. So I would love to keep the SLR, the Countach. Oh, my God, that Countach. I had the Countach for four years, which is a long time for me because I loved it so much. And, you know, Doug DeMuro says it's his favorite car. I agree with him. I had to, like, okay, I'd done everything.

50:32Nashir S. Younis:I hadn't done a video on that car in a year. And it's like, it's sitting there. It's half a million dollars. Like I could put it into something and have a whole new wave of content. So unfortunately, I have to move things along, even though, so I guess that doesn't make me quite a degenerate, like as, you know, an addict as I thought, because I know I need to keep the, keep my hamster on the wheel as far as going with that.

50:52Hoovie:But your portfolio, your net worth, year over year is still growing, right? It's not growing? I lost, I lost a lot.

51:02Nashir S. Younis:I lost half of my net worth. And just with some mistakes financially and things. The typical stuff where people get this hubris, like the party's never going to stop. And just personal decisions and different things where obviously we talked about the home renovation and some other bad moves business-wise and people take advantage of you and things. And yeah, I lost millions, man. Yeah, I did.

51:31Hoovie:But what's your advice for people watching this to make sure they don't fall into the same issues?

51:37Nashir S. Younis:Oh, it's I think I talked about with with me, it was trying to level up and do the next thing. So I had to do the big house. I had to do all the cool, crazy things that everybody else on YouTube is doing. I never thought I'd be that the Hollywood guy that loses it all. You know, so I didn't lose it all. Obviously, I'm still doing fine, but I made the stupid mistakes for sure. do you own any stocks no i mean a little like a mutual fund that i haven't put any money in in years and it's i mean it's less less than fifty thousand dollars but it's grown right less than fifty grand probably but you watch it grow over time right i haven't actually looked at my this mutual fund does it exist come to think of it it's with morgan stanley and i think like i haven't like even opened up the envelopes to see how much money's in it when they send statements in a while

52:26Hoovie:You know what I'm thinking? We got to create an email. Whovie needs help 12. No, don't do this. You did the strict of ours. No. At gmail.com. No. We did it for me too. We have a gram needs help 12. Oh, no. Because here's my idea. I was thinking how great it would be to create a bring a trailer of Hoopties. Because I know bring a trailer, their threshold is pretty high. Cars and bids is like you need cars. I want to see Hoopties. I want to see cars that might not be running. I wouldn't compete with my daddy.

52:57Nashir S. Younis:I don't want to compete with my daddy. But I don't think Joe loves that idea.

53:00Hoovie:He's not doing hoopties.

53:01Nashir S. Younis:Oh, you don't want to do hoopties because nobody would disclose honestly how bad hoopties are. But a lot of people don't know. They either, they lie either out of omission or ignorance or they're actually, it's malicious. When I buy a car, what's wrong with it? They list the things that they know, but then there's so much they don't know. So there's no, a hooptie thing, that's a no-win scenario because like you don't really know. How often are people lying when they're selling a car? They're all lying. But like some of it, I mean, some of it's by ignorance. So they don't know that they're lying, especially on our old 20 year old Lotus or something like that.

53:33Nashir S. Younis:So like when I bought this Lotus at Barrett Jackson, there's some things that are kind of shady. So on Bring a Trailer, he disclosed that the car didn't have a roof, which is kind of important. But with Barrett Jackson, when he put it up, he didn't disclose it because you're supposed to disclose things are wrong, but not having a roof sort of ambiguous. and instead he he put a piece of lexan wrapped it really nice in a blanket and taped it up and then put this in the property room as roof so it shows that it comes with a roof and he did crudely make a roof out of lexan like just cut it out but there's nothing there's nothing to secure it it's a piece of plastic but but the like the one-two transmission crunch when i posted the video, people are smart enough to go to BringsTrailer, find the old listing, find the guy's handle, and then just start blowing this guy up, tagging him, hey, you're shady, you're terrible, like, how could you not disclose these things like you're a crook?

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54:59Nashir S. Younis:I could honestly believe that the guy didn't know that the transmission was screwed in this car. Because it takes 15 or 20 minutes of driving for it to warm up. And that one-two shift becomes a... So he didn't know, but he also didn't care enough to drive the car any kind of distance or no to really get to know the car's issues. How do you know he didn't know? I could believe that it's possible. Let's say a dealership has 100 cars. They're not going to be able to go and drive every single one for a couple of hours and figure out every single issue with the car. So they can't, and a mechanic can inspect it.

55:32Nashir S. Younis:They don't have a crystal ball to look inside the transmission and know that the synchros are shot. You have to go drive the car, like really put some serious driving in it to really know a lot of these problems. So you can sort of at the same time, since the roof thing was kind of shady, I'm wondering how much he knew and he said like in the startup video on bring a trailer the airbag light goes off it never goes off so it might be a combination of just not caring and a little bit of malice but either way like every seller lies unless they are just totally nuts and go get the car you know fully inspected before they sell it or something you know very new

56:07Hoovie:I like the guys and you could tell usually because they post on bring a trailer and every little nick that I would never even notice they mention it right and they put like a penny or a dime next to like this little nick that's on the back kind of like on the under part and they're like there's a little scratch right there yes or this little scratch like people exist like yes but with dealers that really care

56:31Nashir S. Younis:and then they you know bring a trailer and others have really like preferred dealers with like they have an extra thing you know and cars and bids has regular dealers that you know but a lot of them just buy the car at the auction and there is always a reason especially on something cool why did this person trade it into carmex why would somebody take a like a 2010 million kong gt and trade it in a carmex that's obviously there's something wrong like you could go take it on facebook marketplace and and sell it you know there's so many other options where you take the quick wholesale money some people are lazy and obviously they don't they don't care they're that rich but most of the time if they're trading in a car especially in this day and age where people are kind of strapped financially there is a reason and then the cars get dumped at auction.

57:11Nashir S. Younis:And then there's, there's a multiple degrees of separation where the person who traded in knows what's wrong, but then the selling dealer doesn't know. And then it goes to auction and that dealer doesn't know. So it filters through a couple of people and they just, you don't know until you buy the car and start driving it. So like, I don't usually get mad at people when I get seriously scammed. There's some where I've gotten like a deservedly just blast the people because they, I mean, it's obvious that they were being really shady. And I know sometimes when I bought the cars they're like oh shit because i know i'm it's going to be on youtube and i'm going to be talking about it and and some of them are smart enough to like not even respond to me when they figure out that it's me because they don't they don't want to uh get involved in that

57:47Hoovie:but but have you ever recouped anything from someone that you put on blast no um so there

57:53Nashir S. Younis:was one time that bring a trailer actually refunded all their buy fee to me that was nice of a bring a trailer and it was on a plymouth super bird 1970 this guy had two super birds and this one was a Hemi Superbird, very rare, but it was a shady one where it had been wrecked at some point. It was a partial rebody and it had a modern Hemi and it was built for SEMA. It turns out the car was never drivable. It was one of those cars that was built for SEMA and never worked. And so this guy had his driver, Superbird, and then he dumped this one. And the suspension was too low. It had a rake on it. So for the sale, he jacked the suspension up, but then didn't, it didn't work.

58:30Nashir S. Younis:So it was like solid. So you drive down the road and like the wheels would leave the ground because there was no suspension. Down the road. You drove it five miles immediately overheated. It did, the car didn't work. Basically, they had basically decorated the radiator to the point where air wouldn't flow through it and work. So this car never, ever worked. And this guy, there's so many other things. The wiring was a mess. None of this stuff. And so when I won, I called him up and I said, hey, I want to drive this car home. Like, it'd be a really cool store for me to drive it back from Chicago or wherever it was back to Kansas.

59:02Nashir S. Younis:He's like, man, I don't think you want to do that. Cause like the Hemi, the racing Hemi that's in it, it's, it's pretty crazy. And it only gets like five miles to the gallon. Like you'd be with a small tank, you'd be stopping for gas every 50 miles. You don't want to do that. Come on, whatever. So the car shows up and it's such a disaster. It's like so many things that just aren't disclosed. It is so painfully obvious, but it's a SEMA show car. So it looks beautiful. The photos, it looks beautiful. the components are beautiful it's just all stuff that was just dropped in slapped together for for a show car and he completely head in the sand buried broke all contact didn't care he just got to he got to dump the car it was how much did you have to why did you have to buy it 130 000

59:43Hoovie:couldn't you just show up see the car and say i'm not buying that i wired it and the car was shipped

59:47Nashir S. Younis:to me so i he already had the money so shipped to me so he told you a story and then you believed

59:52Hoovie:the story about the five miles. I believe the disclosure

59:54Nashir S. Younis:on Bring a Trailer. He said, don't ship it because it's really hard to drive. Like, it's a crazy racing engine and all that stuff that gets back. So I believed him. I sent him the money and he shipped it to me. I think it was$115 ,000 is why I paid for it.

1:00:05Hoovie:Did he get banned off Bring a Trailer?

1:00:07Nashir S. Younis:He did get banned and then Bring a Trailer gave me back the$5 ,000 fee, but he did not give me any money back.

1:00:13Hoovie:Well, why is there no repercussion for lying? I mean,

1:00:17Nashir S. Younis:if he's in another state, what am I going to do soon with the guy? Like, it's not, there's no point. What'd you do with the car? So I fixed it. So we fixed the cooling system. We fixed the suspension. We got everything working. We got the wiring sort of as much as we could. We got, I had to retune, re-dino the car to where it actually accelerated in a normal fashion, all that stuff. And then at the same time, Hemi Superbirds blew up. There was, at Barrett Jackson, there was one guy who's 80 years old and he bid up one to$500 ,000. And then he was so mad that he didn't buy the next one. He said, I'm buying the next one no matter what and let everybody know.

1:00:56Nashir S. Younis:And it got bid up to six,$700 ,000. And then he decided to jump the bid, 300 grand, said 1 million bucks. Set a record for a Hemi Superbird. Oh my God. Like just one guy single-handedly took this to me, Superbird Market from two or$300 ,000 to a million dollars. And then, um, so obviously it's like, okay, time to sell mine. I took it to the next auction and I couldn't quite get it ready because the hubs were different. So I couldn't put the stock wheels back on it. And mine was a partial rebody. So it'd been modified and all that stuff. stuff so i had i think i sold it for 130 140 something like that and hadn't spent that much fixing it so i actually made a profit but i also single-handedly crashed the hemi superbird market because then after that they didn't bring the money and this guy happened to just die recently he died like two years ago and his family was selling the estate and sold that hemi superbird that he bought for a million bucks and it sold for like three hundred thousand dollars oh so like this one guy single-handedly like just just blew up the market it sounds crazy it sounds like

1:01:57Hoovie:the car market could be easily manipulated yeah so what's to stop somebody what's to stop me from listing my tesla roadster have jack bit you know bid the thing up to like three hundred thousand dollars and then you know we we do jack and i do a deal but it shows that it sold for three hundred thousand dollars and now all these cars are worth way more because one sold it happens all the time

1:02:20Nashir S. Younis:not to bring not at barrett-jackson yeah where i work for because barrett-jackson is a hundred 100 % no reserve auction. So you don't see much of the shame. People like to say, oh, there's money laundering when something goes crazy. That's not the thing. The other auctions where there's a reserve, then the people know what the reserve is. So they'll set an unrealistic reserve and then they can bid it up to that comfort level. And then, oh, reserve not met at$700 ,000 on the Tesla Roadster. Oh, what a shame. And then a couple of months later, the car pops up for sale. Oh, it's for sale for$600 ,000, but I saw it got bid up to seven.

1:02:53Nashir S. Younis:This is a deal I better buy. These people should have taken the money. Like, wow, what a deal. And so obviously there's some of that going on. Obviously, if you want to start doing it, go ahead. I mean, it's pretty obvious, yeah.

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1:06:25Hoovie:Would you be willing to make any compromises in your current life, maybe to spend a little less money, buy a few less cars in order to save and invest more money?

1:06:35Nashir S. Younis:So I talked about like my money problems are, everything's fine. Things are behind me. I didn't bottom out. But there was a point where I'm driving a Bugatti Veyron and I have less than a thousand dollars in my bank account, literally, like literally. And I'm thinking I have to get a car loan on something to pay my bills. Like that's how tight things got. Cause every month I was putting away every dollar I had to pay back these taxes to get caught up. Cause obviously I'd love to pay and be caught up on April 15th. I wasn't able to pay any quarterlies that year before that because of the home renovations going so out of control.

1:07:11Nashir S. Younis:Instead of that money I was putting away to pay quarterlies, it was going into the house. So that's where it got so like up 500 grand for 20, paying 2025. So every dime I had October, I had to, you know, I had to pay it. So like I was giving myself no margin whatsoever and had a Bugatti Payron at the same time. You know what? Does that make you technically the poorest Bugatti owner on the planet? Yes. I made that joke all the time. was the world's poorest Bugatti or the world's poorest, you know, 3SL Gullwing owner. So that's why I was like, okay, I need to get out of this Bugatti. And that was the thing.

1:07:46Nashir S. Younis:I was like, I made this deal on the Bugatti in November of 2024. And then my tax thing hit, like I got through the home renovations and thought, okay, I'm done. I'm good. And then like, let's, let's, I'm used to spending all this money every month. Like I'm comfortably able to like spend a hundred grand a month. Let's, let's continue this theme and keep, let's just keep the party going. Like what an idiot what an idiot so i got the bugatti vayron and obviously then the tax thing popped up and i had no cushion because i had a fifteen thousand dollar car payment i had an eight thousand dollar mortgage now and twenty thousand year property taxes and eight thousand a month mortgage and all that and all these other expenses that were just like before that i had a reasonable mortgage and all this disposable income to spend on cars and that's all i did and i just i took my overhead to this in like 10x my overhead for stupid it was so stupid how do you deal with the stress of that not well yeah i had a it happened very recently where i had a bad week i had a really bad week with the 300 sl goal wing i'd just come back from a trip and it was supposed to be kind of a recharge trip and it was with family and kids and with the kids you know you're you're kind of you have to do things for the kids so it's not as relaxing and you're playing in the pool.

1:08:58Nashir S. Younis:It's fun to play with your kids and all that stuff, but you're not like chilling and reading a book and just watching the waves and all that stuff. And then there's all the flights back and the flights are really long ways back with two connections. So you're exhausted from travel. But you get home, the wife wants to take down Christmas right away. And I'm a dummy. And right before Christmas, I put my 300 a cell gold wing in my living room with the doors up and did an unwrapping because it was just come to Kansas and all that stuff. And I'm just so burned out from just all the December because December is the busiest month or the biggest month for ad revenue, ad rates, all that stuff.

1:09:32Nashir S. Younis:So I had to put up so much content there and all these sponsor obligations. And then I took a week off, which was really hard for me to do and had so much things I needed to do. But then the car had to get out of the living room so we could take down the Christmas tree and all that stuff. So I just wasn't thinking. I went and just pushed the car out with the doors open and it caught my house and almost ripped the door off of this$2 million 300 a cell going. And it's just because I'm so tired hired and brain fogged and burned out. These aren't the kind of mistakes that I'd normally make. Like I make stupid mistakes on YouTube and a ha ha laugh, but not stuff like that.

1:10:02Nashir S. Younis:And it's just total brain fart, brain fog, just so stupid, so stupid. And then that same week, I get home and I pick up the kids after a really hard, long work day and I'm so brain fogged. And April had just left my wife for a trip and she took my laptop charger and I needed to get going on editing. the other laptop charger was in the back shop and all that stuff so I went to get it I let the dog out and then forgot came back in and the dog ran around to catch me because he never goes to that side of the house and I came inside I plugged in my laptop I started going and I went oh the dog went out dog's not his normal spot he had come around and I saw in the cameras he came around to me he's very excited to see me daddy's outside comes to the door right as I slammed the door in his face I never saw him I never saw him but then he's on that side of the house right by the road and he wanders out in the road and gets

1:10:57Hoovie:hit he's killed he's killed he's serious killed so when i come out i can't find him he's not in

1:11:02Nashir S. Younis:normal spots i know there's like a the wolves got the coyote's got a goose over so i think he's going over there sniffing that dead goose or whatever what's left of the goose he's not there i'm like oh crap i have to go out in the car and find him and i go out and i pull to the end of the driveway this this thing that just loved me worshiped me is oh my gosh all because like i've got to get editing i gotta get all the stuff i gotta like oh got the kids the kids the food all that stuff and normally i'm such good at multitasking so good at like like like and careful and and like i felt like i've i lost half of my my brain function like i feel brain fog i feel this lower operation of my brain because i've been just foot on the gas for so long going so hard and that was like obviously devastating just devastating but then at the same time i'm just like this is reset i talked about it like i had said it before in a previous video like this this reset's happening and i need to i need to take it easier and that was the whole point of selling the bugatti and and just trying to make things easier on myself rather than like i have to do this or i lose everything like i didn't have a cushion and i just realized like okay we're resetting where this this this is this is the the pivotal moment at the turning point of just like i can't i can't operate like this anymore and so i you're seeing the new me i mean this this is the so i did barrett jackson like i couldn't stop so the dog unfortunately got hit and then i had to go the next few days

1:12:33Hoovie:and go do barrett jackson it was how do you keep it together i something like that i just had to

1:12:38Nashir S. Younis:do it so i did barrett-jackson and you know so that's very grueling it's five days of television the last two days are 10 hours each so i'm doing uh 20 hours of live television in 34 hours or something like that because there's like a there's like a 14 hour break in between and you're 10 hours non-stop television and you have to think of something to say on every single car and the last day on saturday the main announcer the main my main co-host loses his voice and i have to kind And I'm not, I'm almost quarterback the thing, but there's other guys that do a great job, but it meant a lot more work for me and no break for 10 hours.

1:13:14Nashir S. Younis:So then I'm like, okay, I need to reset. So then I get an invitation to go speak in California and it involves Google and AAA. And it's an amazing opportunity to meet Google executives I'd never met before and some things. And it was a really cool opportunity. So I had to say yes to that, but that meant home for two days on a plane again. And then you text me up and say, hey, you gotta come on this podcast, especially after doing Doug DeMuro. I'm home three days. I have to do it again. This is the last of that whistle-stop tour of me. Doug DeMuro talked about it so well, about him being able to take his foot off the gas, focus on family, and how, yes, he did that so hard for so long, but you just can't forever.

1:13:56Nashir S. Younis:And I am at that point now where I've made some moves and made some steps, and everything is good now. like in an immediate weight i'd like i know how to get through all this stuff but i already know like things are things are so good and everything's so amazing at home with my kids with with april it's just so incredible to have like a new outlet for my youtube as far as doing a second channel with with my my wife april rose who has a you know big media background we met working at barrett-jackson all that stuff so that like the pieces are there for this amazing wonderful life and it just requires me to not be as frantic and for me to simplify things at least 30 and it's so doable and i i so this this is you're seeing the the page turn right now

1:14:46Hoovie:right so well we really appreciate you coming on the show i had no idea that it was in the

1:14:50Nashir S. Younis:middle of such a chaotic no i mean it's no i i really wanted to do it especially doug like it's like man like you know doug you know you were talking about something else other than other than me? And it's like, okay, I got to find out some revenge Doug DeMuro stories, you know, since he's decided to just really tell a Whovie story. So I got one.

1:15:09Hoovie:What's the story?

1:15:10Nashir S. Younis:I got one. So my first time ever meeting Doug DeMuro. You know that Doug's a little off the wall and like a little unfiltered, you know, as far as like, you know, his takes, especially when the cameras are off and like his, he'll say zany things and like, almost like Seinfeldian kind of observations with a little bit of that kind of stuff. So his behavior is somewhat that on YouTube, but then in person, joking around with his friends, it's a next level of observations, like we were having dinner and he's like commenting on the dinner and the weird things about the quirks and features of dinner and stuff.

1:15:41Nashir S. Younis:So I had worked with him for six months or a year. I'd followed him from Jalopnik over to Autotrader. I begged him to hire me at Autotrader and like send him a cold email. And it was kind enough to get me on to write with him on Autotrader at the time I hadn't really done many YouTube videos yet, but we're six months or a year in and I'm in New York for something. And I know he's in Philadelphia, which is relatively close. And he said, let's meet up in Princeton, New Jersey and have dinner. So I drive down, I had a rental car. I think, uh, like I was making fun of a Mercedes CLA rental car, sort of like what I do today, rent something on Turo or whatever.

1:16:15Nashir S. Younis:And on Turo, you can make fun of someone else's car because you're renting it versus like having to take a dealership's car and say nice things about all that stuff. so we meet in princeton new jersey and i'm with my girlfriend at the time and the first thing out doug's mouth he's like you know to gay men you are very handsome i had this gay friend that thinks you are the most attractive car youtuber on the planet and if you are single and interested in men he would date you in an instant are you single and interested in men my girlfriend's sitting right here like with me and like did he he knew that you were in a relationship yes like this is his opener to like like his icebreaker with me we're first meeting and then and then he through the night you know it's like oh you know i bet just making little jokes about this gay man thinking i'm so beautiful that he's friends with and and just and little inyundo is there and things like that like this is very odd like this is very strange and obviously we're having great car conversations all that stuff but he's so fixated on his gay friend that it finds me hot and and then so then we get and we leave and and my girlfriend at the time like that was really weird and it actually made her like uncomfortable because like hello i'm sitting here i exist and like he at least he says two times that he mentioned it it was at least four or five times where he like where he would circle back to it as a joke and i'm playing along and maybe i egged it on a little bit i was like oh you know so like okay that's nice you know but i don't remember exactly but for whatever reason that was my first encounter in person with doug de miro and it's a working relationship where he's kind of my boss so it was a very odd it's very odd yeah obviously we you know we're we're close and we get along and text all that stuff so when he started telling these stories about me i was like okay and i texted him i said i'm doing the revenge story like and i'm doing this and he's so there i got it out so i got you back doug

1:18:03Hoovie:didn't he used to pretend to be a wealthy buyer yes ferrari chat that was before i knew him that

1:18:08Nashir S. Younis:was before i knew him but yeah he didn't have any cars and he's like in high school or college or whatever and pretended to be, have every single rare Ferrari allocation and talk about what it was like to own them and drive them and all that stuff. That was before I knew him. I was a fan of his from Jalopnik and loved his writing and wanted to sort of emulate him because I was sort of doing similar things, but at a cheaper level. Well, back when he was doing like the CarMax Range Rover that really put him on the map, you know, I bought a Range Rover for less than a CarMax warranty and then tried to fix it.

1:18:35Nashir S. Younis:So I was doing it on his vein for articles for writing and it wasn't doing videos at the time. So he was the one who encouraged me to do YouTube videos along with my articles. And that, that was the, that was the explosion point for me, uh, was, was sort of writing Doug's coattails with that and being encouraged by that because I was getting paid for the article. And so I doing a video along with it made sense. And that, that, that's what gave me like the discipline to write two articles a week. And then I would just do a video talking about whatever I said in the article, like about my own cars or something else.

1:19:06Nashir S. Younis:And that's how my YouTube channel started. So I have Doug to thank for that.

1:19:09Hoovie:But you did mention that you've made some changes that have immediately rewarded you with a higher quality of life. What were those changes you did?

1:19:16Nashir S. Younis:I sold some things to where I have a bit of a cushion and that that helped. But it's just a matter of like now I can I've gotten through all these obligations that I said that I was going to do, like show up to this wonderful podcast, which I would love to do anyway. So, but, but then now that I'm through with all these obligations, I know like, okay, I've gotten myself through the home renovation, through the taxes, through the dumb, through all the dumb stuff that I did. I've gotten myself through all of it. I've come out, I've survived. And now it's, it's back to building up a war chest, doing some responsible things.

1:19:52Nashir S. Younis:I don't need to, is it a help who V12 at gmail.com or something like that. But I just, I, I'm, there's going to be a cushion there. And then there's going to be an ability to say, no, there's not going to be me selling six brand deals in a month or eight brand deals to where I know I have to make eight videos and hustle to do that. And I don't need to say yes to every single travel opportunity and be on 20 flights in, in 30 days, which you guys are tough on that too. I can imagine with your podcast, a lot of traveling and meeting with people. That's what you have to do. but man airlines are just so soul-sucking and that like i i think i had my first ever thought i was having a heart attack but i think it was a nervous breakdown on a flight because i bought the gullwing and i had a film crew to film this gullwing thing and the flight was delayed and i was gonna miss this film crew that i already paid for and miss this opportunity with the car all blown apart like a thousand pieces and the people at the classic center were waiting for me to get this car together in three days to where i could go to a rally and because i'm stuck in this plane because the catering didn't show up on this thing and it missed a connection or whatever.

1:20:54Nashir S. Younis:And it's just like, I don't need to, I don't need to do that to myself. So, and then, and then just, just being, just, just, just slowing down. Also getting like lab work done and things. Um, and I think all the stress, um, definitely lowered my testosterone a lot. As I say, like when it releases a bunch of cortisol, it lowers your testosterone and that gives you the brain fog and all that stuff. And like, things are just harder and droopy and all that stuff. So like, I hadn't seen a doctor in years as far, not just, just, just to like get me checked out. I I'm healthy. I'm reasonably fit, but I like the brain fog and the tiredness, the fatigue and everything.

1:21:31Nashir S. Younis:And then just making these stupid mistakes and, and the impatience. And it's just, it's just, just slowing down. And I have all the pieces of an, of a wonderful life. And there's so much to appreciate there's compared to where I was, you know, just some, everything's in place for things to be amazing and it's time to start enjoying it and that that's just like a switch flip it absolutely

1:21:53Hoovie:does start with a mentality though too like the mentality is the first thing to change that will actually make a real impact in your life and you know what that reminded me of is i would find it difficult for me to find myself in that same position because i have so many people in my life that tell me no like if i'm going to do something that's like hey like i'm going to exhaust myself my mom will be like don't burn the candle at both ends i'll be like graham should i do this he's like no or he'll even say hey i'm gonna do this and graham just says no don't do that he won't be like oh interesting why like people will just straight up tell me now jack got i mean i remember this you got upset when you wanted to walk a hundred miles or it was like walking from vegas to la and you were excited about it i was like jack that's a that's a bad idea don't do that that's dumb why would you do that i shot it down i didn't even give a word of encouragement not a single like oh that's interesting why would you want to do that nothing i just yeah well guess what i did he did it i did it and i loved it so like that was one of the things where i stuck to my guns but a lot of the times like i do have people in my life where if i say something they're like absolutely not and i think that that helps and i don't know if you have people that you're receptive to some sort of criticism like if you have a best friend that's like hey i noticed you've been a little bit like why don't you go see a doctor why don't you

1:23:03Nashir S. Younis:no i mean the marrying april has been an amazing support system for all that and since she comes from this level of entertainment, and media, and all that stuff, and all the things that she's accomplished in her life. She understands and gets it. So that helps a lot. But I think a lot of it was also me just wanting to not decline as far as the views, wanting to stay relevant, wanting to continue to grow. And it's been 10 years, man. Like, what do I have left to prove? What do I need to accomplish? Why do I need to chase Tavaraj into his level of insanity? Or try and keep up with Matt Armstrong that's rebuilding an exotic every single week.

1:23:46Nashir S. Younis:They can continue to do that for as long as they want. And of course, they're exploding and doing incredible right now. And it's their moment in the sun. Why can't I just, I don't have to be that guy all the time forever. It's not necessary. and chasing clout and chasing all that i put way too much focus on on basically staying relevant and

1:24:11Hoovie:and still having clout it doesn't matter so have you made this change already or is this like the last thing you're doing before making the change this is it that's why i said this is sort of the

1:24:23Nashir S. Younis:last stop and then i just decided that i'm going to limit myself and and keep myself like focus on the videos like that are going to make me happy and put out videos that I want to put out rather than ones like, OK, I have to get a video out because I have this sponsor for this, this and this. So the ones that I really like, they've been with me for a long time. I'll stick with them. The ones that are a little edgy and like, oh, man, do I really want to say yes to that? I haven't done too many of those. It's just the sheer quantity of it. It's really, really hard to turn that off.

1:24:54Hoovie:I've told myself the same thing so many times and I I get a little better at it. But then some opportunity comes up and I'm like, well, I can't say no to that. I know. And then I do it. And then something else comes up that's equally as good. I'm like, well, I can't say no to that. And then another thing. And then all of a sudden, I'm like, well, I would be dumb not to do these things because what else am I going to do otherwise? And then I just load up.

1:25:17Nashir S. Younis:Yeah. But for YouTube, for me, with the car stuff, because there's other YouTubers that are doing so much more now in their content. It's much longer. It's not 10 or 15 minutes videos for car YouTube. It is 30, 45 minute videos where you're doing so much in one video. And it's, I have to get these out for the sponsors. I have to cut it off here before there's like a good payoff. Before like, okay, we know everything that's wrong. Let's try and fix one thing. Or, you know.

1:25:43Hoovie:But that you can negotiate in.

1:25:45Nashir S. Younis:It's not the placement. It's I have to post six videos a month. And so I have to get this video out and I can't delay it. I can't. So I have to like, okay, it's going to take a week for this part to come in. I can't delay the video because I have the sponsor obligation. So I have to get the video out, even though it's like, okay, this isn't like, and especially with cars that nothing ever really goes to plan and things can go sideways and it doesn't work out. Like you have a plan to do this today with this car and it doesn't go right, but you want to persevere. And that's where, you know, Tavares, Freddie, he goes three months without posting because he knows when I post, it needs to be an event and people will tune in.

1:26:23Nashir S. Younis:Oh my God, Tavar has posted a video. It's an update on his P1. It's not going to be him sitting and just twirling his thumb. He's going to do something real. And I need to do that. But also it's just, I also want to do something that I enjoy. And if it's six sponsors or seven, eight sponsors, like then I'm like racking my brain. Oh my God, what am I going to do? What am I going to do? Versus like the creativity, the organic like of just like letting opportunities present themselves and letting cool things but rather than rather than having to just create it or you know clickbait or whatever just get people to tune in to watch me standing in my garage flailing talking about like here's my collection and here's everything that's broken this month and like i want it to be how it was before where it was it was it was real but also i know i have to do more in the videos to to do well so an all new season of the secret lives of mormon wives is now streaming on hulu and hulu on disney plus Mom talk has just been blowing up.

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1:27:23Hoovie:That is huge. But all the cool opportunities could pull us apart. It's causing issues in everyone's marriage. My whole world is falling apart right now. It's chaos.

1:27:33Nashir S. Younis:Watch the Hulu original series, The Secret Lives of Mormon Wives. Now streaming on Hulu and Hulu on Disney Plus for bonus subscribers. Terms apply.

1:27:42Hoovie:Tax Act is here anytime you want to easily file your taxes. Tax Act is here for the early birds who like to knock them out as soon as the season opens. And for the procrastinators who like to wait until the very last minute. Tax Act is also here for the middlers who file right in the middle of tax season. No one ever talks about the middlers, but Tax Act sees you and Tax Act respects you. Tax Act, let's get them over with. would an added level of like financial comfortability be of like use to you like an

1:28:20Nashir S. Younis:improvement to your life yeah it would and that's that's the other part where i need to do that and now that i've gotten all these big obstacles out of the way now i i still have that level of income and let's say i have it for two years let's say i'll have it for five years now is the time to make a plan and and be smart and just not feel stressed about that and living on the edge and there's so many channels that operate that way and that's how i mean you guys interviewed mr beast and he has no money in his account obviously there's a bit obviously he's a he's a billionaire on paper but he like he's happy to spend every dime that he makes next leveling his content that's how he built up so fast and the mr beastification of youtube that's what everybody else had to do.

1:29:03Nashir S. Younis:And I just felt like I needed to keep up. And then at the same time, I made some bad decisions financially that I thought, you know, I'll have another bucket and it just didn't work. So. So what's your plan then to get more financially comfortable? Well, not do any more stupid stuff for the starting point, but I think it's just now I'm at the point where I can start putting away. But here's the thing, it doesn't seem like you're

1:29:25Hoovie:making dumb decisions in the moment. Like every thing that you've talked about seems smart. It seems like the right choice on paper it's just something happened along the way that like made

1:29:35Nashir S. Younis:it go sideways well no that the the leveling up of of cars that that veyron and that because you gotta think when i had that veyron and and before it i had three ferraris three lamborghinis uh slr sls at the same time i was i was carrying heavy on that and then rather than sell them at the very beginning when things started to get weird i started financing and and i had four car loans or something at once and then did did the lease which was wonderful but the gullwing was too soon it was my ultimate dream car but it became stressful um because the timing of it i i needed to get out of the bayron i couldn't find any buyer for the bayron but the gullwing was like my ultimate dream car so it was like at least i'm stretching to do like the car that i've wanted my entire life but it didn't run and it needed a hundred thousand dollars in work that i had to pay so that was that was the other final just like

1:30:31Hoovie:get that done so didn't you get really lucky though with the gullwing with values just going

1:30:36Nashir S. Younis:through the roof yes yes so when i sell that plan when i sell that car i that's the car where like it's my end all bl dream car and then everybody's like are you going to keep that forever and i say i don't know i kind of like the kountosh that was my more realistic dream car of mine i grew up with that poster on the wall the lamborghini kountosh poster is actually my dad's poster from college and i thought you know man i got it but then we're four years in i hadn't driven the car maybe three times in six months so what am i doing i don't need to i don't need to keep this i don't need it um so i feel like the gullwing there'll be all these amazing opportunities to do all the things i ever dreamed about with the gullwing mercedes classic has been so incredible mercedes brand itself as far as them being on board with a youtuber that's not 80 years old loving these cars and and you're getting into it and they see the value of that so they've invited me out to the millimia put the car on a plane to come out and do the thousand mile race in italy this revival and then i can go afterwards and drive it you know through the italian riviera and pull up to the monaco casino and all that stuff like the things i've dreamed of doing my entire life once i've done everything with that car will i keep it that's the thing i don't know i feel like I feel like there'll be a point where like okay I'll sell this and then have relief and just be and just be okay and content and content with like the photos and memories that I had the car I don't need to I don't need to hang on to it forever you could retire with that car at the rate the values

1:32:04Hoovie:are climbing what do you think you'd be able to sell it for well I almost ripped the door off of

1:32:10Nashir S. Younis:it so it's in the body shop right now that's the thing that that car that sold for 2.6 million dollars was really really nice and we sold one that was a fresh restoration two years ago for three and a half non-alloyed body car this one had sat for 10 years it got revived relatively easily um with a paint job this thing would be really this thing already was pretty nice but it's been 40 years since it had a paint job it was a really nice restoration but a really nice car to begin with with a paint job and some bright work maybe a hundred grand it would be a two million dollar car easily maybe 2.2 its numbers matching everything all that stuff so yeah i'm sitting it pretty good but and i could sell it right now and make some money but i do think now that i have it i should do the i should experience the things with it now that i have it that wasn't the goal to i wanted to get out of the bayron and have some some comfort and some cushion things but this is this deal worked and i'm gonna i'm gonna do it and enjoy myself and be really happy but also the the thought of having seven figures in the in my account sounds like really nice to just

1:33:12Hoovie:See, I have been so tempted. There are these replicas of the 300SL. It's the Tony, I forget the last name. We're going to put it on screen here. Yeah, yeah. These cars sell for about$250. They do. My gosh, it is a one, it seems to me like a one-to-one of the thing.

1:33:30Nashir S. Younis:I couldn't do it, yeah. Well, it's not the right engine. They use a modern Mercedes inline six in it, which made sense of the time when they were building it. And it's the same horsepower and stuff, but no, it's not the same. I've driven enough of the cars. like it is a very special thing. How is it different? Well, it's just the drivetrain's different. It doesn't have that same direction injection, 240 horsepower. It's an inline six Mercedes from the 80s or 90s engine that they use in them. And it's a great engine. I've had it in E320s and things like that, but it's not the same. There's enough modernization to where it's not the same.

1:34:01Nashir S. Younis:Isn't it just reliable though? Yeah, but you know, I mean, that's the thing about that car. It's the original supercar. So if people say the Lamborghini is the original supercar, 300-cell Goldwing, it was originally a race car. and a guy named Max Hoffman, he's an American, told Mercedes, like, if you build this car, like Sterling Moss set the record in the signal in the middle of me and all that stuff, unbeaten record until they shut it down, the race, because it was too dangerous. If you build this car for production, I would sell every single one you make in the US and he was right. They made the production car with the gold wing doors even though that made no sense practicality wise and, you know, every Hollywood A-lister, Clark Gable, Frank Sinatra, like, this was the car.

1:34:39Nashir S. Younis:Like, oh my God, Not only was it gorgeous, but it was the fastest car in the world. And it still drives modern because this is a tubular chassis with somewhat modern suspension. It's properly fast because it's 240 horsepower, but also very lightweight. So nothing drives like that car from that period. Nothing even close. You have to go decades newer to get a driving experience like that as far as the tubular chassis and how tight it is and the transmission to be able to drive a car from the 50s and just row the gears like your Ford GT. You can't do that in old cars. but that car you can how much in value do you think you're going to lose driving at a thousand miles zero that's the thing i haven't done the paint job yet so i scraped the door and like almost ripped the door off and damaged it all that stuff i could have turned it into insurance and had a full repaint done and the car would have been gone for six months or whatever and that would have made a lot more sense for me to do but then i'd be terrified to drive it couldn't you just do ppf on the entire car you could but the car already has because of 30 years of some use it has dings it has scratches it has a few pain and perfections and things so i can drive it anywhere get a few more scratches a few more rock chips all that stuff giggle laugh all the way mileage doesn't matter on that car it's probably already turned over once nobody really cares like there's there's no like this 300 cell going only has 5 000 original miles because it's almost impossible to know because it's only a five digit odometer so it really don't literally mention that in cars like there's very few where they say this thing's documented low mileage car it's not a thing with antique cars because and also when they restore it full nut and bolt they reset the odometers anyway on these cars they put them back to zero so that's that's not a thing like with four gts and modern supercars and things where mileage is everything it's not the same with with these old stuff so since it has a little bit of patina already i can drive it i can do all these things with it and then when i'm done make it the night one of the nicest goings on the planet and then i can do the show circuit i could sell it do you think they're a good

1:36:31Hoovie:investment let's just say you could find one today at today's market value and your plan is to hold

1:36:36Nashir S. Younis:it 10 years you could say that but there's also is there enough people our age and younger that are going to appreciate a 300 cell going right now like i did the going rally and i was the youngest person there that was an owner by 30 years they're all the owners are much older and are they going to still appreciate that car there's some younger people coming in there's a lot of cool events like the Colorado Grand and the California Meal, like, you know, a thousand mile rallies that you have to have a car that's, that's pre 50 something, 1950 something to participate in. And it's, it's a really neat thing that younger people are getting more involved with.

1:37:10Nashir S. Younis:And also younger people are enjoying analog cars and things. So there's going to be always 300 cell gold wing is always going to be an icon, but is it going to be, it's not, it's already old and it's not$10 million unless it's an alloy body. So it's not like it's going to go that way unless obviously inflation, you You know, about$10 million cars is a million-dollar car is what it feels like, you know, now. So I don't think so. I think there's a lot smarter cars to buy in the modern era that, like we've seen recently with numbers on F40s and F50s and Enzos and things, where it's gotten so crazy that the smarter money would be in something a few decades newer, obviously, in the 80s or 90s.

1:37:46Nashir S. Younis:So it's not the worst place to park money.

1:37:48Hoovie:So what do you think is a good buy right now as an investment?

1:37:51Nashir S. Younis:it i like i don't really think like doug demero and that kind of stuff where because i saw he did some great ones and all that stuff i i don't really think like that um because i've always just wanted to buy a car to to tell a story and not lose my butt on so it's not something that i'm constantly thinking about like oh if i get this now like it'll be it's something that goes i know that's that you you eat live that's all you think about and it's not i think about it like is this going to tell a story and am i going to lose my butt on it and i try not to do that but like the ferrari 430 scuderia seems to be one where it's uh we're starting to see little blips of oneself for a lot more than the current 400 450 000 that like i think we're in the last few breaths of that the 360 challenge stradale has already gone to a crazy level so the 430s are starting to follow like the 458 speciala peritiz and all that stuff have already gone crazy so this is that that may be a little pocket there i think the early gallardo super legeras very limited production they're also very harsh cars in their e-gears um now that you can do conversions and stuff maybe a little better but um yeah the gated gallardos are definitely a thing the r8 v10 gated cars are so comfortable and so good that that's something you'll never get again so that that any any that those older analog supercars are definitely safe at least um for

1:39:17Hoovie:sure so how do you like the lotus esprit that you just purchased well i have the elise and the esprit

1:39:22Nashir S. Younis:right now so the uh the elise was easy because it's the toyota drive train to go through and sort it out the the esprit vh we're going to go and take it to the wizard inspection all that stuff but i've already reached out to a couple of shops to try and find the trans someone who would rebuild the transmission and fix that synchro and they haven't replied yet so this is one of those cars where the parts availability and the support is just, there's a lot of enthusiasts out there that are keeping them going. There's definitely some parts, but it's not like the, I need to research a lot more. And I'm sure the answers are there and to figure things out.

1:39:51Nashir S. Younis:But right now it's a little scary because it's just not obvious to me because I haven't done anything with it yet. The car drives amazing. I mean, it's twin turbo flat plane crank V8, 350 horsepower. They were originally supposed to be 500 horsepower, but they got the transmissions from Renault and they just couldn't take the power. with obviously mine's crunching. So that's the weak point of them. But, and the looks are just insane. They're insane. And that's a car that's, I got for$40 ,000 and the exact same car, the highest sell point I'm bringing trailer was one for 3 ,000 miles for 220. So obviously I'm sitting pretty good.

1:40:26Nashir S. Younis:And we talked about that guy getting scammed, scamming me and all that stuff. He bought it for 45 and then I got it for 40 and then he had to pay the fee. So he lost eight, 10 grand on the car. So like I know he lost money. on top of that. So I'm sitting in it very well if it can get sorted out. If I can get that transmission crunch to go away, if I can find a roof panel and fix all the other stuff up, it would probably be a car that I make some money on. But that's obviously an if. I don't know yet.

1:40:54Hoovie:So what car brands are consistently unreliable?

1:40:57Nashir S. Younis:Ooh, it's weird because I don't think there's any brand that, there's always one model that's an exception to the rule. And everybody's kind of up and down right now. you know, Lotus obviously was horrible for the unreliability, and then they went with Toyota engines and completely changed their image. So I'm trying to think of a brand that's just consistently bad. You know, there's all this stuff with, I guess, Konaseg right now with, you know, with the serviceability and James obviously documented his journey and some other, you know, big YouTubers talking about the toughness with that. That's a level of money and car that I don't live in and understand, but it seems like that's a really tough world to live in.

1:41:38Nashir S. Younis:the Veyrons are pretty reliable it's just the service cost they didn't make it very serviceable for the things but it's not something that's going to leave you on the side of the road but you know every automaker has its up and down so like right now Ford's doing pretty good and Chevy's doing terrible because they had those 6.2 V8s that had engine problems and like every single GM 6.2 liter V8 right now is is just a ticking time bomb from 2014 to now and it's they did a recall and they extended the warranty and changed the oil weights and all that stuff to try and fix it But it's just a Band-Aid until they redesigned the engine.

1:42:10Nashir S. Younis:So total junk right now, whereas Ford was pretty good. But then 10 years ago, Ford had an incredibly defective engine with their main trucks, the 5.4 liter V8. They had cam phasers and things. And those were blowing up 100 ,000 miles. So it's always like, they kind of trade off and like, oopsie, as far as mistakes. But I guess BMW would be one where they consistently figure out a way to engineer something that just is a hand grenade. And when they solve that issue, then they accidentally come up with another hand grenade. And it's such a...

1:42:39Hoovie:But why are some brands like Toyota just consistently knocking it out of the park and they're so reliable, but like someone else? Toyota's blown it.

1:42:48Nashir S. Younis:Why? Toyota was another one. This is new to me. Toyota switched from the V8s in their trucks and big SUVs to twin-turbo V6s. And they had to recall every single one of them. I think they replaced 100 ,000 engines in these trucks. Wow. It's this new thing of going from an old school gas guzzling V8 that pollutes to high strung twin turbo four cylinder, six cylinder, all that stuff. Putting it in these big trucks and then the new changing, totally changing everything. And then this high strung twin turbo V6 with weak parts that are getting boosted now with 15, 20 pounds of boost. And they just, they can't handle it.

1:43:30Nashir S. Younis:And boom. So now even Toyotas are not what they used to be. know and a lot of them are hybrids the new uh like the new uh forerunner or the land cruiser the new land cruiser is now based as a hybrid and it's you don't want an off-road hybrid you know four wheel drive vehicle like on the trail like it's just it's so why are they doing it is this purely

1:43:51Hoovie:just to get the miles per gallon higher a lot of it yeah because there were federal mandates to get

1:43:56Nashir S. Younis:the mbg higher and it's not just the u.s it's all over the world as far as building a product where that meets these mandates for the European Union, for other things, going electric and having these mandates where you have to be a certain MPG and certain electric and all that stuff. So they're struggling with that. And also, yeah, it's just what consumers are wanting, fuel efficiency and power. And obviously, smaller packaging, it makes sense to have a smaller engine and cheaper to build, I imagine, in that sense. But it's so complicated. I don't know if they're winning or not, because obviously the prices on cars have just skyrocketed as well.

1:44:28because it's one thing in the 80s,

1:44:30Nashir S. Younis:you bought an Oldsmobile, you know, Cutlass for 10 ,000 bucks, 8 ,000 bucks, and it lasted you 10 years. Throw it away, whatever, it rusted apart. But now it's just$80 ,000 for, you know, a normal full-size truck and they don't make it 100 ,000 miles. It's insane.

1:44:46Hoovie:So what car brand do you think is criminally underrated? I feel like Cadillac is one

1:44:52Nashir S. Younis:that is just low-key crushing it right now with their products as far as like the new electric stuff the lyric they made actually something that's just beautiful normally electric cars are people buying them yeah they're actually selling well really selling well very surprisingly well you would not expect cadillac to be like out selling so many other electric brands with with the lyric and the optique and then they made the escalade ev out of that platform where the hummer ev was already there and then the chevy silverado ev cadillac took that platform and actually made a really bougie SUV that's electric that people actually want and they're actually selling some of it.

1:45:29Nashir S. Younis:And then they're still making legitimate performance sedans too that you can still get with manual transmission and all that stuff. So they're catering to enthusiasts more than BMW and Mercedes now offering, you know, twin turbo V8 manual transmission cars and people like Cadillac Old Man brand, which they've been fighting for 30 years now. And I feel like they've finally made it and also low-key turned things around where you see reports were like, oh, Cadillac's having big growth each quarter. It's interesting because we brought this up to Doug

1:45:58Hoovie:and we asked him, who are even buying cars from Cadillac, Buick, Buick, not so much. From Lincoln, from Chrysler. Like who wants a new car? And they're like, okay, I'm going straight to the Acura dealership. Oh, Acura sells decently well. They sell the MDX. They have a few cars. Why an Acura instead of anything else?

1:46:19Nashir S. Younis:Well, here's the thing. So Acura shares a platform with Cadillac. the lyrique they have a cadillac uh honda whatever it is it's some sort of honda like not odyssey or something like that but it's it's the same platform built in america along with the chevy blazer ev and the cadillac lyric and acura has the same thing they can't sell them the the cadillac's doing better the three even though it's basically the same car underneath so once again cadillac i'm very surprised and it's not just my buys because i i have like an 05 cadillac escalade and all that stuff. But that's like the baller car for that period, you know?

1:46:52Nashir S. Younis:So - But what about a Buick? Buick, they messed up big time. Like they tried to do a revival with the Grand National in the 80s, having that one cool kind of Darth Vader car. And then they never really built a car since then because they went front wheel drive that platform. And they never built something that catered to enthusiasts. And now it's just like a budget brand, but it's not because it's more expensive than Chevy. So who's buying?

1:47:13Hoovie:Like I've literally never met someone who's like, I just got a new car, a Buick.

1:47:16Nashir S. Younis:It's a value prospect where like they literally are selling a car for China or they were. I think they had a deposit because of the tariffs and stuff. They had like a luxurious looking pretty thing that was built in China for 20 something thousand dollars, a crossover. So people were buying that. But Buick, they definitely, it was crazy that they dropped Pontiac, but kept Buick. It was because it sold well in China and Buick was a big brand in China. So they weren't going to drop that brand, but Pontiac was such a cool enthusiast. I liked the Pontiac. We were like, we thought Grand Ams were cool when we were kids.

1:47:48Nashir S. Younis:The G6, even though it was a junkie car based on the Cobalt, the G6 was cool. You know, that's where they messed up.

1:47:55Hoovie:So what car company are you extremely bearish on and you just think they're going to fail?

1:47:59Nashir S. Younis:I don't think anything's going to fail globally. But as far as pulling out of the United States, Volvo, they keep selling it. And they keep changing hands to people that keep losing money. Aston Martin's another one where there always seems to be some kind of billionaire that wants to own a car company that buys Aston Martin and just wants to bail it out and lose a bunch of money. And then the next person buys it and loses a bunch of money. Lamborghini was one of those brands where it just kept changing hands to people that were just losing their butts and finally got absorbed into full twagonality and finally turned a profit.

1:48:33Nashir S. Younis:But Aston Martin's one of those brands where like, it just doesn't work in the U.S. It's too expensive. And the depreciation is just so extreme that they can't get rid of those cars. Maserati is another one where it's really tough because they were getting ferrari derived engines and they were designed by pin and farina and now they don't get ferrari engines anymore because ferrari's building an suv and and you know more you know consumer cars so they don't want to help maserati anymore so that those could all i could i don't see them like disappearing but i see them like pulling out of the u.s fisker ocean was the last big one i suppose it was just recently but there's all those little startups there's electric car startups obviously there's one that comes and goes all the time but is there any car company that you think just shouldn't exist trying to think i mean mitsubishi right now makes no sense like why does it why does it not make sense it doesn't make any sense because they have i think what two cars that people don't want as far as like the outlander that's an suv that gets beaten in every segment as far as like people that like like honda toyota build this car for the same money and it's a much better product but it's for a japanese car and then their mirage which i think they finally quit making it's it's a company that that's only like why are they even trying to sell in the U.S.?

1:49:40Nashir S. Younis:It's kind of like Suzuki pulled out of the U.S. because they just like, why keep trying? Like, there's no point. Like, our products don't resonate with an American audience. We mostly build little cars for countries that, you know, like need small cars to like, because they're third world countries or whatever. So they just don't have the product lineup that Americans need. So why continue selling in the U.S.? Why keep trying?

1:50:02Hoovie:If you want to get a car with zero ongoing maintenance, what car should you get?

1:50:07Nashir S. Younis:It would probably be Teslas, I guess. It would be really easy to just keep going. It's like a used Model 3. I feel like it would be really easy to just, because it doesn't have the air suspension problems. It doesn't have the weird door handles, all that stuff. So that's probably one where it's pretty easy. What do you think? I would say Tesla. Yeah. What do you think of people that drive Teslas? It doesn't bother me at all. I've had them all. I've had Cybertruck. I've had them all as Plaid. I have the Model X now. I don't, they're interesting things to me. As far as technology.

1:50:35Hoovie:I think you need a Tesla Roadster. yeah in fact if you want to buy one really you might know someone yeah yeah you know i'm a

1:50:42Nashir S. Younis:junkie but it's that one's too nice it's not the cheapest one it's not had any bad things happen i guess you've already fixed all the problems so what's the point right so uh but yeah the roadster's definitely interesting it's it's i wouldn't mind buying a hoop do you want to try

1:50:55Hoovie:to bring it back for sure which car stereotypes are absolutely true i don't know if it's a brand

1:51:00Nashir S. Younis:stereotype but definitely like the type i feel like at least in kansas the bro dozer types as far as the lifted trucks and the squatted trucks that muslin diesel makes fun of where it is a definite like look at me kind of thing at the cost of safety and practicality it's definitely an individual that's that's not like obviously if they're willing to sacrifice like the stability and the ride of their car with the noisy tires and like a rough ride and having to climb out of the ladder and all that stuff just for attention it's usually that type of person is is is pretty a little rough to deal with, at least in my experience.

1:51:39Hoovie:Now, one thing I'm curious about, what are you seeing at auctions right now? Are prices going up on certain cars?

1:51:44Nashir S. Younis:Yeah, so Barrett-Jackson, six years now at Barrett-Jackson, we just had the big Scottsdale. So they do four auctions a year. January is the biggest one. They have almost 2 ,000 cars selling, no reserve. This is the only auction where all the cars are no reserve. There's sometimes a few exceptions when something's worth millions of dollars, they'll put a reserve on it. But unlike any other auction in the country, if it sells for a dollar, if it sells for a million dollars, you don't know. So the crazy part is that a normal Corvette, so like a blue chip investor, 63 Corvette split window with a factory fuel injection, three,$400 ,000.

1:52:24Nashir S. Younis:You take that car, you rip out all those guts, you put in a modern LS, you put in a roadster top chassis, you put in a beautiful modern custom interior, all the modern conveniences to where it runs, drives, stops like a new car, but looks like a 63 Corvette, it is$600 ,000,$800 ,000. Wow. So now we live in a world where the customs, the restomods, bring more than these blue chip collectible of the exact same car, where 10 years ago, you never would have imagined that a custom car would be anything. Usually like people are building custom cars to their taste and it's like, ooh, they're LS swapping it.

1:53:00Nashir S. Younis:Oh, that's kind of gross. But now it's a whole industry. these guys spending their entire year of their lives building one car to bring to barrett-jackson where the detail is just off the charts and there's even been one this guy named jeff hayes where got he got a million dollars for a 63 corvette custom nothing special it was a car that probably you know started life like the frame was rusted and the engine was not numbers matching probably something he bought for like 20 30 grand as a shell and built it into this thing that the components itself probably cost him, you know,$200 ,000 at the most.

1:53:35Nashir S. Younis:But obviously the craftsmanship, the hours he put into it, unbelievable. Takes it to sell and gets a million bucks. It's just unbelievable what people are paying for to have that old school retro look and experience, but it doesn't drive like one. And that's been the biggest trend change in the collector car market as far as with Barrett-Jackson.

1:53:54Hoovie:How often is it that people try to sell stolen cars?

1:53:58Nashir S. Younis:Oh, it's not too much of that, honestly, at least at these collector auctions, because they do a lot of due diligence and things. And also on the collector cars, they have experts that come in, at least at Barrett-Jackson and some of these things. And there's an expert for Mopars. His name is Dave Weiss. And he comes in and he'll look at, say, my Hemi Superbird when I sold it a few years ago. And he'll check not just the VIN number and the engine number and all that stuff, but he's going to check all the hidden places and make sure all the stuff lines up. because you can VIN swap, especially on the collector cars.

1:54:27Nashir S. Younis:You just cut it off and put another one on. You can do all these things. And a lot of people will do this because there's so many Hemi Superbirds that exist. So if you can find one that was crashed and the VIN no longer exists, but then you take one and swap the VINs and things. So there was shady stuff that went on years ago. But now with these panel of experts coming in, and that's one of the great things about Bear Jackson and some of these other auctions, there's a lot more due diligence as far as really getting into and inspecting. Like he literally crawled in the trunk of my car and was looking up the parcel shelf and making sure that that number matched what a Hemi with Superbird was and everything.

1:54:58Nashir S. Younis:So it's very fascinating in that sense to see that versus, you know, buying online. And there's not that level of inspection usually.

1:55:05Hoovie:So what's the chance right now that you're driving a stolen car?

1:55:09Nashir S. Younis:Oh, I mean, pretty low at this point. It's really sad with older cars when you buy them and you hear the stories of somebody buying this car that's fresh restored, then they go and register it in a different state and it comes back as stolen when they inspect it and find a different VIN. And this person paid the money and the car's taken away and it's returned to this rifle owner 30, 40 years later. But a lot of states have changed. And Kansas was one of them where now the states talk to each other. So they'll do a VIN search when you register a car from out of state and they'll check to make sure it's not listed as stolen or anything's different in a bunch of different states.

1:55:42Nashir S. Younis:So it's not as big of an issue as it used to be. Like I'm from Kansas and it used to be a thing where you could get around and get some shady title stuff done. And now it's Oklahoma, I think, that was still, you were able to do it for a while, but I think they finally closed that stuff up. What about the car you're driving right now? Oh, so the Turo rentals. So that, yeah, that's in the fun part because you could steal.

1:56:01Hoovie:That sounded too good of a deal. Like it's worrisome to me even. Like when you said that you rented a Ferrari 488 for three days for$800 with like a newer account on Turo, I was like, what?

1:56:15Nashir S. Younis:So I always look for stuff like that on Turo to do reviews on the second channel while we travel because it makes sense to write off the rental and also make a video and make money. and all that stuff. So I tend to look for the deals. And a lot of times when you're new to Turo and you don't have any reviews yet, you set it for a lower price to where you can get the rentals and the positive reviews and all that stuff. And I feel like that's what this is. So it has a temporary tag on it that's expired now by two weeks. And they told me at the beginning, hey, we don't have the title yet. So we're still on the expired tags.

1:56:42Hoovie:That sounds shady because titles are given so quickly.

1:56:46Nashir S. Younis:In Nevada, I don't know. In Kansas, in Nevada,

1:56:49Hoovie:what I did, because I accidentally registered one of my cars like on the day it expired and they just give you a printout immediately like as soon as you pay they say here's a pdf that you could print out of your current registration and your all your stuff there you go and then we'll mail it to you and it's usually a few days wow so sometimes you have a pdf printout like well yeah i have the

1:57:10Nashir S. Younis:registration so they registered it so i have that it's in there they just haven't or they get no they bought it from the dealership so i have the temporary register for the dealer they bought it from another state, I think. I don't know what's going on. Yeah, it's definitely weird. I've done some where I get a Turo and it has like in California, just the dealer plate on the back and no registration. So it's like one guy was using his dealer inventory on Turo until he sold it, I think. I hope it wasn't stolen. But that's the thing with rentals where, yeah, they can steal a car from a dealer lot or something like that.

1:57:40Nashir S. Younis:And there was one recently in Arizona that had 20, 30 stolen cars that he was putting out on Turo. And he was, every single one of them was wrapped and just color changed with a wrap or something like that to where obviously like, that's my car on Turo. So they would modify it enough to where it didn't look obviously like a stolen car. But obviously, eventually they figured out and broke up a huge theft ring there, which is interesting because usually on the exotic cars, they just take them down to Mexico and the cartel guys drive them around. So it's weird that somebody was actually keeping them in the US and renting them on Turo because that's more the issue with exotics and stolen cars right now is i need my bugatti my g63 my nice car shipped from this place to this place and you put it out on a dispatch to get picked up on this brokerage called central dispatch and the person that picks it up is a scammer takes it hauls it to mexico the car never shows up at its destination and by the time you know something's wrong it's already gotten out of the country so that's the huge issue right now as far as with car theft is it is in shipping and dealers selling a car to deliver to a customer and it disappears somewhere between there and ends up in mexico and there's a you know a cartel member like posting on instagram with you when you're always calling that you're supposed to get in florida you know that that's that's a huge epidemic right now so

1:58:56Hoovie:i've seen on facebook these incredible deals on cars but then in the description it'll say i don't have a title but we'll do a bill of sale and i remember screenshotting this incredible Mercedes EQS. And it was like fully loaded. I think it was even like a 580. Yeah. And they wanted like 20 grand for the car. Yes. And it was a sketchy guy who like was wearing one of those face mask sort of things where you just see like the slits of the eyes. And then it's like covered like you're skiing almost. Yeah. Newer account. What's the scam in that? You buy the car. Like how does anyone get around that?

1:59:35Nashir S. Younis:With that one, I feel like it's a car like the EQS was$110 ,000 car. I bought one for$34 ,000 used, depreciated, just three or four years old. The depreciation unreal. So the people that got stuck owning those cars are so far upside down that they, they wanted to get stolen. They, they, they purposely have it stolen either that, or a lot of times they will sell the car for as much as they can get with no title and they're already screwed anyway. So then, you know, then the car's gone. It's, it's, it's rather than getting it repoed and getting collections there, then obviously they have the car stolen by some different means and they can, they can collect on insurance that way.

2:00:16Nashir S. Younis:With, with people that have gap insurance, there was the old joke, if you were a car dealer and somebody was way upside down, so they owed 10 or 20 grand more than their car is worth, it's that, you know, you're not going to get hurt if you drive into a tree at about 30 miles an hour and you aim for the front ride of the car, then it definitely totals it out and you get insurance and you have gap insurance that pays the negative equity and then you can get a new car. So that was one thing where you could advise.

2:00:39Hoovie:Is that actually people do that?

2:00:42Nashir S. Younis:Yeah. Ton of that. Especially the flood one is the most common. If there is a flooded area, all kinds of cars get showed up and parked there so they can get flooded and collect an insurance and get done. And in Florida, it is like a national pastime to like, where's the hurricane going to hit? Let's park it on the street. You know, that That's that is a thing. Thousand percent.

2:01:00Hoovie:Because I've seen photos of these like really nice cars just in the middle of like the water or like something happens. And I'm usually thinking, oh, man, that's unfortunate. So you're saying they're looking forward to these opportunities.

2:01:14Nashir S. Younis:Yeah. Who street parks their Ferrari on, you know, on the coast when a hurricane is coming? Like nobody does that.

2:01:21Hoovie:Here's another one I've seen. People have videoed some of these cars, sports cars, driving through like three feet of water. And I'm thinking, oh, man, they must be stuck. Yes. That could be insurance of like, hey, I don't realize how deep it is. Oh, shit, it's four feet. The car is kind of ruined. I drive out of this thing. Oh, man.

2:01:44Nashir S. Younis:Yep. If you have a Ferrari SF90 that you paid$700 ,000 for and you got cap insurance or an agreed value insurance and there's a flood somewhere and you're$300 ,000. upside down, you're going to do it. The most famous one is the Bugatti Veyron that went to the lake. It's like the original viral video. You remember seeing it where the guy said it was a seagull and he just happened to be getting filmed by people going, oh my God, that's a Bugatti Veyron. And it just splashes into the ocean. It's one of the most famous insurance frauds ever. And this guy went to jail briefly for it because he, then he's, he was just got a little tight on money and he just wanted to collect insurance on his Bugatti and happened to be in Florida.

2:02:15Nashir S. Younis:I think that it was, oh no, it was Galveston, Texas. It was still Florida adjacent, close enough. And this guy just splashed it in there. So it is rampant. It's also frustrating because insurance rates on cars are so high now. And I feel like there's a lot of fraud with that, where that's definitely a factor in why insurance is pretty expensive now.

2:02:38Hoovie:If you wanted to completely obliterate your personal finances, which cars would you buy?

2:02:45Nashir S. Younis:Well, I guess, yeah, every single new modern Ferrari and all that stuff. And he basically, yeah, going brand new hard with a new Maybach or a new Rolls Royce Cullinan. Yeah. Any of the McLarens, all the McLarens ones that are just unbelievable appreciation. Aston Martin's getting a$250 ,000 Aston Martin SUV and see it go down to like 80 in two years,$1 ,000. It's crazy.

2:03:11Hoovie:So do the wealthiest people then buy these Aston Martins since they can stomach the depreciation? Or are the wealthiest people just buying like the colonins and like the ridiculously expensive cars, like a million dollar car even?

2:03:23Nashir S. Younis:Yeah, they're either so rich that they don't care or they're leasing them. And I think that's where you know that it's a certain level. And obviously to sell cars, they're over allowing on that lease. And even these manufacturers don't even realize how bad they're losing their butts on the residual value of the cars. So they turn up in the lease returns with this massive depreciation, you hope. Like someone who did a$120 ,000 Mercedes EQS, like we were talking about, if they leased it they were okay but if they bought it they were smoked they just totally smoked and it's so funny because it's the same price as an s-class and this is the electric s-class the normal s-class goes down about 60.

2:03:57Nashir S. Younis:these went down to 30 and you know that's the electric car

2:04:00Hoovie:it's it's crazy because it doesn't look like an s-class that's no it just looks like a weird kind of prius mercedes mashup and the build quality isn't there that was the other thing

2:04:09Nashir S. Younis:about me owning this car that was$120 ,000 worth the same as a normal Mercedes S-Class, which is the standard of the world for build quality. And I go and close the door. The door panel is loose and wiggly. And my car is still under warranty. So I took it in the Mercedes dealer and said, hey, is this supposed to be right? And they're like, yeah, unfortunately, that's a characteristic of the EQS where your door handle is loose and makes crunchy noises. Okay. That's not Mercedes quality. And so that was the other issue I feel like with the car.

2:04:41Hoovie:We have some rapid fire questions. Okay. So the first answer that comes to mind, let us know. Okay. Which car has the most smiles per gallon? Miata. What's the best car ever made? 300 cell going. What's the worst car ever made?

2:04:56Nashir S. Younis:Do you go? What's the best daily driver? 2005 Cadillac Escalade.

2:05:00Hoovie:What is the most Republican car?

2:05:02Nashir S. Younis:It's a 2005 Cadillac. No, not really. Yeah, Ford Raptors, probably. Yeah, big VA trucks. And what's the most liberal car? Most liberal car, the Prius.

2:05:14Hoovie:Unlimited money, dream car.

2:05:16Nashir S. Younis:I did it. 300 is still going. You did it. That is truly it.

2:05:19Hoovie:Unlimited money.

2:05:20Nashir S. Younis:End-all, be-all, dream car is always one. Obviously, I'd love to have a car and then sell it for, you know,$10 million, but there's nothing. Even more than the McLaren F1. The McLaren F1 is an incredible machine. This is not something that I've dreamed to own. I mean, it's so difficult to own and operate that car. The people that have it, as far as the two techs in the world that fly around and fix it with a computer from 30 years ago. You might be the only car YouTuber to ever say that, that you did it. Yeah, the 300 SL Goldwing, that was it for me. So I've done it, yeah. Would you quit YouTube for$10 million post-taps?

2:05:55Hoovie:Yes. Yes. You didn't even think about it. Yes. Yep.

2:06:02Nashir S. Younis:I think what I've achieved, I'm proud of it. I'm happy. I understand the ones that have gone out on top and not had this decline or become irrelevant. The Batman theme has always thought in my head where you die a hero or live long enough to see yourself become a villain. and i've seen a little bit of that as i've gotten bigger and bought all the fancy cars and getting a little bougie and and fancier for my audience and seeing them not react well to it and like you in the end you want you want your content to resonate with your audience and and find it interesting and and i definitely alienated a lot of my core audience by by going that fancy and uh yeah i i feel like i could if someone said you get 10 million dollars post-tax at the end of the year.

2:06:51Nashir S. Younis:And so you have this year to just do your best work. Like that would be a very freeing thing. I would, I would love to, that would be, I'd be okay. What is your least favorite part about your job? Unlike a lot of other YouTubers, since I'm turning 40 this year, I've worked a lot of other jobs. I worked like real jobs before this. I was literally flipping burgers. I was teaching people how to flip burgers and opening Freddy's frozen custard stores. I was in operations for fast food. And that is so hard. That is so much work. Working as a car dealer and a car salesman, that is a constant grind. You are constantly on, you're constantly thinking about, you know, sale, making a sale, following up with customers and all that stuff.

2:07:32Nashir S. Younis:Like there's, there's, every job is, is hard. So like, yes, YouTube is hard, but compared to the things that I've done with my life before, it's, it's so much easier. Like the kids that came up on TikTok and like had YouTube and had no job before that. They, they, they don't understand like how hard the real world is for people. And that's, that's the other part where like I was, when I realized I was alienating my audience where like, I'm complaining about the repair cost on something that's so ridiculous that they'd never imagined to have when like, oh, woe is me. I can't fix my Bugatti. Oh no.

2:08:03Nashir S. Younis:Where they're like,

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2:08:36Hoovie:It's crunch time at work

2:08:37Nashir S. Younis:and you need to bring wings to your workday. Visit RedBull.com slash gettingitdone and answer a couple questions about your work style to get a Spotify customized playlist tuned to your productivity. Plus, score a can of Red Bull on us while you go from to-do to done. And remember, Red Bull gives you wings. Supplies are limited. Terms apply. Visit the website for more information. I can't make rent next month. Like, this isn't entertaining to me. This guy's upset about his Bugatti and his car payments and all this stuff because he's overextended himself. and like i'm barely making a paycheck to paycheck right now so i totally understand you know where my audience was coming from where where i was i was making some people mad at me what would you say is the secret to a good life the first the having that foundation of of a stable home and happy kids and not settling um that that's where like what i have now i appreciate so much i appreciate my wife and and my kids and that dog like oh man that dog was unbelievable amazing you know so like just yes you want all these things you want all these shiny things and you see people on youtube wanting like having all this stuff that you don't have and it just it's frustrating but but that you don't need to focus on it like that finding the right person that works and not settling for something less than that with with your personal life and and settling for you know focusing on work and and all the other stuff that just doesn't matter versus having you know a stable happy home to come home to and just just someone that that just loves you deeply and unconditionally and as many people as you can gather that are in your camp like that is just so

2:10:21Hoovie:important so here we have a tier list of car youtube oh i like so we're trying to farm some drama here i want some harsh takes i want to see a couple people in that f tier yes so yeah

2:10:34Nashir S. Younis:Nobody is bold enough to go like, this person sucks. Man, okay. So B is for build. He is amazing. And, you know, the adversity he's going through with his cancer and all that stuff. I would put him right here. He does a lot more JDM stuff for me. So like the kind of stuff that I'm not into. But the builds is similar to what I do as far as like this hopeless thing that he's gone through and rebuild. And it's very interesting there. cletus i am not into the the you know american street racing stuff as much and uh obviously incredible empire building there and uh don't follow nascar quite as much so like um but i love that he has like a character and a personality so i probably do this a little faster i'm gonna put him there just because like i love his personality his character the content just isn't where i'm at dde so i would put them probably at a put them up today because i love that they actually use the cars and beat the heck out of them the confrontational stuff i'm not that into so like when they get in the police car with the cops and all that stuff like that like that's sort of not my thing but i just love like the ownership experience of the stuff but i the confrontational things like that that kind of clickbait aspect of it it's it's good it's good stuff b is good right i mean are we maybe a little harsh he's fine no be harsh he is good yeah be harsh yeah james pumphrey is no longer with donut when he left i'm putting donut down there because they got brought bought out by private equity and you could tell that these people are just getting forced and like foot on the gas and really hard like i do and they brought in a whole new swath of people and it was like a casting call for actors and there's some there was some great stuff back years ago before all this happened and private equity came in and properly ruined that channel there's still there's still there's some bright spots i maybe that's a little harsh but i we need some f's i put up i have no idea who this guy is who's that he's that's doug

2:12:34Hoovie:that's doug vargo i have no idea so he does this series i explained the same thing to doug de but I think Doug had actually recognized him. He's the guy that flipping cars until I can afford my dream car.

2:12:46Nashir S. Younis:Okay.

2:12:47Hoovie:He does that series. It's like every video is getting like half a million views.

2:12:51Nashir S. Younis:That's great. I mean, it's great content. You should look at it. There's other YouTubers that have done that before. There's other ones that, but obviously he's successful. I see that he has the hair that the kids like, you know, a little bit of that broccoli head stuff that definitely helps. So that's going to - Maybe you could bring back that haircut. The broccoli hair is definitely fascinating. I had the Bieber do 20 years ago. So that - Pretty good. I don't know who he is, so should I put it in F? Or should I just give him a though? Okay, so I don't know. Ed Bolian. Mr. Ed Bolian, I'm going to put him up here.

2:13:22Nashir S. Younis:Well, somewhere in between these two, I would put Ed Bolian. Because, you know, he needs to do different things with VinWiki, I feel like. As far as, and he knows this. He knows that to take VinWiki to the next level, he needs to chase those guests and a lot of big car guys and things. Take a show on the road, go to California, do all these things. But he's like me that also is content with his family life and what he has that he doesn't need to go to California and chase celebrities and set up a satellite studio there and a bunch of travel and stuff. So he's very content with where his life is.

2:13:53Nashir S. Younis:And his stories are great. And I just obviously he is not going to like the crazy. So, A, I haven't put anybody way up there yet. Me at this point in my life. I think in the last couple of years, I've probably gone down to here.

2:14:08Hoovie:maybe maybe cletus i don't know oh come on i think i think that i got away from myself a little bit

2:14:14Nashir S. Younis:and i i would love to get myself back up to this place there was a period of time where i was on top of the world but i think i think right now i'm probably here in the living long enough to see yourself become a villain i think so and i'm trying to work myself out of that and also not seeing myself as a total villain so um shmi shmi is so consistent so so consistent i put him up here but he hasn't done anything insane huge um man but a youtuber specking out of ford gt new ford gt five years ago like a youtuber being able to do that that was so amazing but as far as like on top of the world right now steve hamilton i feel like you know it's a tool to promote his business so is that not really youtuber it's cool stuff that he's sharing all this stuff and really enjoys the cars and all that stuff but but it feels like uh like i need to like do this to sell things i put them i put them here i put them here stradman stradman's still up there he's still like grinding super hard and the thing that he's accomplished lately as far as like rebuilding an f12 michael jordan's f12 b jordan's f12 in his garage and and all this stuff like he is still killing it and his dad's truck all that stuff recently i i love it totally love it supercar blondie very commercial now a lot of people a big team around it so it's not am i doing this too slow i'm sorry i'm actually thinking about it yeah i put him i if i put her with me because yeah it's it's it's about the same freddie obviously he needs to post a lot more he he's killing it if he could if he could get a couple of people at that what with that email

2:15:52Hoovie:Tavarish needs help 12 at gmail.com.

2:15:56Nashir S. Younis:If he had someone help him manage the business and then someone help him where like to be consistent with the wrenching and all that stuff, he'd be up there. So right now I'd put him here. TJ Hunt is all tuner drifting stuff. I don't I don't really like I it's all it's all interesting, but it's just not in my world. Parker, I know Parker. well um you know parker obviously had his thing similar to me where i feel like you know like he had a little crisis and he's dealt with it and he's come back and he's still really happy and positive and all that stuff so i put him there with me probably right now whistling diesel i want to put him up here but i also don't know if he's self-aware enough to realize like the position that he is in i i would love like we've talked you guys talked about this with Like how much it would be amazing for you guys to go through and dissect them and really get into them.

2:16:50Nashir S. Younis:And like if we know if this is a character, this Whistle and Diesel is a character, like where he's this ego and his bravado and all this stuff. But is he in real life not? But that's the mystery of it. That's why so many people want.

2:17:04Hoovie:I think if he revealed anything either way, I don't think it would help him.

2:17:08Nashir S. Younis:I think that he could be. it feels like the success has gone to his head a little bit and it's been harder to watch versus a couple of years ago where like he's destroying a car and clearly doesn't care and it's so funny and just like he just clearly doesn't care about his audience or anything else and obviously loves like making the trolls and the people even angrier at him and feeding into that hate and it was so good but now like i feel like he's gotten to so big in his britches that there might be a little bit of ego there but i could be totally totally wrong where's dog daddy i know well we but this

2:17:42Hoovie:is the same tier list that we've used for previous videos and so like we just kind of oh so okay

2:17:46Nashir S. Younis:daddy i would put in a minus to be probably probably because obviously like his content like it had to be more focused for cars and bids and now he has people that he has to answer to and all that stuff and put out more content and do more videos that maybe he wouldn't do because the cars being sold on cars and bids. So that dings him a little bit, but obviously I still put him in an A.

2:18:08Hoovie:Who would you say are the Mount Rushmore of car YouTubers?

2:18:12Nashir S. Younis:Mount Rushmore. The

2:18:13Hoovie:four that paved the way.

2:18:14Nashir S. Younis:The four that paved the way. So it would be Doug DeMiro, obviously. It would be SaabKyle04, I think. So he's going around and doing little walk around videos with cars and all that stuff. So he's Jay Leno's garage. Definitely. As far as somebody having a collection and sharing it to that level that he does that that is definitely a mountain rush for worse and also legitimizing youtube like jay leno was on this with his collection showing his cars he's not doing that obviously he had his tv show after that but um and the fourth one hmm the fourth one who's been around forever the salman man yeah i think stradman salman quit and like he had yeah but he made that whole supercar thing

2:18:59Hoovie:He was the one that got that Pagani delivered, and that was a groundbreaking video on YouTube.

2:19:03Nashir S. Younis:He did, but I think Stradman would be the fourth one because he was the first guy to say, like, Lamborghini Gallardo at 20 years old, that type of thing. And that, like, a kid stretching with his YouTube money to get into supercars.

2:19:15Hoovie:I feel like he sort of, like, was the pioneer.

2:19:18Nashir S. Younis:Him and Vehicle Virgins both bought Gallardo's around the same time, but I feel like Stradman was the one that went from that to, like, Veyron and all that stuff during that period. so he's probably the best known one to do it now that's still around. So that would be my four for sure.

2:19:32Hoovie:Thank you so much for coming on the Ice Coffee Hour. Guys, his life is extremely busy right now and yet he's still carved out time to come on this podcast so we are endlessly, of course, grateful. Thank you so much for coming on the show. We're excited to go get some food after this and to all the viewers out there, thank you so, so, so, so much. We could not do this without you, of course, so we are endlessly grateful for you as well. Big thank you also to our members who get these videos a little early without any sensors, without any sponsors, no ads, no nothing. Big thank you to that. Really appreciate.

2:20:03Hoovie:And I'm responding to all the comments. So you get me responding to you right now. Do you want the email? Do you want Whovi? No. You don't need help. Whovi doesn't need help. I don't need help. I don't have a staff.

2:20:14Nashir S. Younis:I tried having some people. It doesn't work. I just, I like being me.

2:20:17Hoovie:You are the only car YouTuber that does not need help. Not, I guess not.

2:20:21Nashir S. Younis:I do, but no, thank you.

2:20:23Hoovie:Not that type. No, no. Thank you guys so much for watching. Thank you for coming on the podcast. Until next time. See ya.

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Timestamps:
00:00:00 - Intro
00:01:29 - Selling cars to pay taxes
00:02:25 - Cars sold to pay taxes
00:04:37 - Buying a Bugatti
00:07:50 - Bugatti maintenance costs
00:13:38 - Buying cars he can’t afford
00:18:38 - Sponsor - Bizee
00:19:58 - Biggest car loss
00:30:58 - Easiest vs hardest cars to work on
00:34:28 - Are new cars more reliable?
00:36:19 - Sponsor - Fora Travel
00:37:36 - Cars bought vs sold lifetime
00:40:53 - Biggest car profit
00:43:08 - Avoiding car depreciation
00:45:50 - Non-depreciating cars by budget
00:48:59 - Cars he regrets selling
00:50:32 - Financial advice
00:52:02 - Dishonest car sellers
01:00:30 - Can car prices be manipulated?
01:01:37 - Sponsor - Cozy Earth
01:03:20 - Sponsor - Shopify
01:04:58 - Lifestyle sacrifices to invest
01:07:07 - Financial stress
01:17:41 - Life changes that helped
01:25:44 - Does more income improve life?
01:34:02 - Is the Gullwing a good investment?
01:35:20 - Best investment cars
01:36:49 - Lotus Esprit purchase
01:38:25 - Unreliable car brands
01:42:18 - Underrated car brands
01:45:26 - Car brands that may fail
01:46:42 - Car companies that shouldn’t exist
01:47:34 - Low-maintenance cars
01:49:11 - Auction market outlook
01:51:26 - Selling stolen cars?
01:52:37 - Does he own a stolen car?
02:00:10 - Cars that ruin finances
02:02:12 - Rapid-fire questions
02:06:57 - Tier list
02:14:44 - Mount Rushmore of car creators
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